the internationalisation of european businesses as access to markets outside the eu is essential for european industry. several instruments have been set up in the framework of eu programmes such as the cosme (competitiveness of enterprises and small and medium-sized enterprises) programme, the instrument...
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international trade and at the same time there are many risks involved. but currently, it's not a big issue because different documentations and institutions are involved in international dealings that allow companies to increase their working capital and accountability. letter of credit is one of that instrument...
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