Import Credit


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Import Credit

A loan a bank makes to a buyer of a good from another country. An import credit is generally a revolving line of credit.
References in periodicals archive ?
To ensure success in entering these markets, international flour producers now provide Indonesian importers with facilities with which to obtain import credit from their respective governments, e.
One way to encourage liquidity is to allow firms to purchase offsets from unregulated facilities or to import credits produced by developing countries, as part of a program called the Clean Development Mechanism (CDM).
businesses--as an aggregate entity--to use an equal number of import credits and export credits each year would likely be shot down by an array of interest groups here and in global trade courts.