Foreign Content

Zlatko Salcic

Chapter 14 in Export Credit Insurance and Guarantees, 2014, pp 132-137 from Palgrave Macmillan

Abstract: Abstract In the ECA context, the foreign content is value added to goods or services manufactured, assembled or supplied from another country (Figure 14.1). The foreign content is significant for exporters and banks when obtaining the ECA cover since they have to satisfy the requirements ECAs have in this respect. It is important to distinguish the term ‘foreign content’ from the term ‘local cost’ because foreign content is not internationally regulated while local cost is regulated in the OECD Arrangement. Local cost is described in Chapter 21.

Keywords: Credit Risk; National Interest; Multinational Company; Foreign Subsidiary; Local Cost (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36681-8_14

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DOI: 10.1057/9781137366818_14

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