Question

many companies in the United states, canada,Europe,and Australia have been hit with the supply chain shock as the flow of materials from china was disrupted by the pendemic . identify the type of trade being described in the above lines. a. internal trade b. external trade c. entrepot trade d. none of these​

Answer 1

Answer:

Trade credit is a spontaneous source of financing because it arises automatically as part of a purchase transaction. The terms of payment are set by the supplier, but trade credit usually requires payment within a short period of time. ... Like all forms of financing, trade credit is subject to the risk of buyer default.