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The world has become a global village, every one has a reach to a required person, whatever they need, wherever they want to import or export they product by using authenticated means, simply approach to the authorized dealer declared by central bank and perform their activities.
Globalization has a intensive impact on trade finance field (nationally or internationally), trade us now become child piece for every one, that ultimately affect the overall economy of the country, and the bounties of the country start transferring to other countries, and provide privilege to recognize their market in the international market. Further finance facility is also available for importer and exporter to boost their business.
hope this information helps to understand the impact of globalization on trade finance. thanks
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