Llorca-Jaña, Manuel - In: Estudios de economía 42 (2015) 2, pp. 17-43
crucial role by advancing monies to consignors of products all over the world. Without this form of credit, many international …. During this expansionary period they provided credit to many of their connections all over the world, thus becoming an … important financial intermediary within world trade. This paper, therefore, provides the first account of the credit risk …
