question;You will create a case story ( a scenario) yourself according to the data given for each case .

A) Construction of the case ( analysis and the evaluation of the data )

B) Construct a 2-3 paragraph story for each case .

case 3

Choose freely the company names, , choose the countries where they are located , choose names for banks they work with, determine the invoice amount for each transactions in the trade & the currency used in each invoice , the issue date of the invoices and the due date of invoices .

-The supplier is located in a country whose country rating is AA+ by Standard and Poors ( S&P). It is a family owned company selling some locally produced food to international markets . He buys the ingredients from local producers .

- The supplier has extensive international activity and commercial relationships in numerous international markets. He exports to many countries. One of the connections is a trading company ( trader 1) located in another AA+ rated country . ( not in the same continent )

- The trader ( trader 1 ) is a small private company launched by two partners, top-level chefs with extensive international training, enjoys an excellent reputation as a provider of high-end specialty foods.

- There is another well known trading company ( trader 2 ) located in a country in another continent . It operates in a country whose country risk rating is B . It has recently won a contract to supply some food to a local hotel chain , a five-star hotel built in the capital city of his country.

- The buyer is ready to pay in currency requested by Trader 1 , although he will be paid in local currency since he will be selling this food locally to the hotel chain.

- The buyer approached the trader 1 to ask whether he would assist him in procuring top- quality foods and ingredients for him.

- The trader 1 approached the supplier.

- The bank of supplier and the bank of trader 1 both have excellent track records . They have also very high credit ratings.

- Both the supplier and the trader 1 also have excellent track records and very high credit ratings

- The buyer has also a good track record and high credit standing.

- The buyers bank appears to be a solid financial institution with acceptable risk profile.

- Only one of the parties in this trade incurs FCY risk .

- The trader 1 wants to have a fully secured trade .

- Supplier is also expecting a secured trade . Supplier has a trade experience with the trader 1 for years . Nevertheless, he still needs protection.

- The goods are to be sent to the buyer directly by the supplier.

- Both of the companies , supplier and trader 1 prefer to be paid earlier as soon as they ship the goods.

-The buyer can only pay after one year.

- Finally the parties have found solutions and they have decided to make the trade business.