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International Trade Finance

International trade finance refers to the financial services and instruments that facilitate global trade between countries. It helps businesses manage the risks and costs associated with exporting and importing goods. This includes providing funds for purchases, guaranteeing payment to sellers, and ensuring that goods are shipped safely. Financial institutions often offer tools like letters of credit, trade credit insurance, and invoice financing to support these transactions. By managing risks and ensuring timely payment, international trade finance enables companies to expand their markets beyond borders and fosters global economic growth.