Authors:

  • Pol Antras

Excerpt

Poultry in Motion: A Study of International Trade Finance Practices. Pol Antras, C. Fritz Foley, May 2014, Paper. "This paper analyzes the financing terms that support international trade and sheds light on how these terms shape the impact of economic shocks on trade. Analysis of transaction-level data from a U.S.-based exporter of frozen and refrigerated food products, primarily poultry, reveals broad patterns about the use of alternative financing terms. These patterns help discipline a model in which the choice of trade finance terms is shaped by the risk that an importer defaults on an exporter..." Link verified August 21, 2014