Question

You are exporting to a new country where you have not yet established clients with good pay history. You do not know how the new customers will pay or anything else about them. Which of the following issues are you working​ with?

a) Credit Risk
b) Currency Risk
c) Country Risk
d) Market Risk

Answer 1

The issue you are working with when exporting to a new country where you have not yet established clients with good pay history is Credit Risk.

Step-by-step explanation:

The issue you are working with when exporting to a new country where you have not yet established clients with good pay history is Credit Risk. Credit risk refers to the risk that your new customers may not pay or may have difficulty paying for your products or services. This can be mitigated by performing a thorough credit analysis, setting credit limits, and implementing payment terms and policies to minimize the risk of non-payment.