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An Analysis of the Model on the Relationship between Export Credit Insurance Rate and Export Trade and Product Quality
To protect exporters from the risk of importers' payment default, the export credit agency usually supported or owned by the domestic government offers a service, which is called export credit in-surance (ECI). Because of the existence of asymmetric information, we see an inability of the exporter's government to verify the actual quality of products, which will limit its ability to encourage trade through ECI once the coverage provided goes be yond a certain threshold. This result provides a ra-tionale behind the limited coverage on ECI.
Zhi jie WANG . An Analysis of the Model on the Relationship between Export Credit Insurance Rate and Export Trade and Product Quality[J]. Journal of East China Normal University (Philosophy and Social Sciences), 2005 , 37(2) : 102 -109 . DOI: 10.16382/j.cnki.1000-5579.2005.02.016
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