..., as this negates the risks associated with such transactions. However, buyers are often concerned that the goods may not be sent if payment is made in advance. In an international trade context, after the buyer and seller have agreed to the transaction, the buyer can also put the payment in escrow by paying...

...Joshua Abor Purpose This paper reports on the foreign exchange risk‐management practices among Ghanaian firms involved in international trade. The study focuses on how Ghanaian firms manage their foreign exchange risk and the problems involved in managing exchange rate exposure. It also seeks...