The assessment of credit risk in international trade: country risk and enterprise specific risk

International Trade and export are fundamental activities for companies that want to compete in a globalised market. This descriptive-analytical study has the goal to define the risks that companies must consider operating beyond the domestic boundary. The main risk analysed in this thesis is the credit risk, that in international trade transactions must be seen as a binomial composed of the specific risk of the buyer enterprise and the risk of the country the buyer enterprise is located in. This thesis is divided into two parts. The first part is intended to introduce the definition and the literature of the topics mentioned above. The second part is an analytical case study which has the goal of assessing the risk descripted by using economical models and theories.