Activities and the need in many countries to cover the excess of expenses over income in international settlements.
Financial resources for this form of lending are in the loan capital market of international and national levels, as well as in the accounts of state or international organizations. The principles of international credit, the amount of its provision, the existing mobile number list have terms are fixed in the contract. It is between two parties: the lender and the borrower. In addition, other provisions recognized as material must be prescribed in the agreement. In particular, the monetary and financial and payment terms of an international loan.
Functions of an international loan
In the economic life of a particular country, an international loan has both a positive and a negative side. As an advantage, one can note the development of production in each specific country, as well as the formation of a stable and favorable climate for the development of investment activities. As a negative point, the risk inherent in any loan emerges. This is the impossibility of timely payment of a debt obligation, which leads to the emergence of external debt.