An exporter who is considering putting up a bid guarantee for a public tender in another country

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An exporter who is considering putting up a bid guarantee for a public tender in another country is concerned. About the possibility that the government of that country may take the bid guarantee without a legitimate reason.

What type of insurance may be purchased to eliminate this risk?

Related Book For answer-question

Foundations Of Financial Management

ISBN: 9781259265921

11th Canadian Edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Jun 14, 2023 03:21 AM

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An exporter who is considering putting up a bid guarantee for a public tender in another country

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The type of insurance that can be purchased to eliminate the risk of the government taking the bid g... View the full answer

Foundations Of Financial Management

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