TITLE:
Microeconomic Analysis of Export Credit Program
AUTHORS:
N. Tungalag, R. Enkhbat, Ch. Undram, Ch. Ankhbayar
KEYWORDS:
Export, Import, Demand and Supply Function, Export Credit Insurance Program
JOURNAL NAME:
iBusiness,
Vol.10 No.4,
November
15,
2018
ABSTRACT: The aim of this paper is to study theoretical
aspects of export credit insurance in the framework of microeconomics and
analyze the economic impacts of an export credit program on trade flows within
a framework of a microeconomic analysis. A multi-country trade model has been
developed based on optimization methods and algorithm. For our theoretical
analysis, we consider a multi-country trade model when one of countries imports
an export good from other countries.