International Trade Financing: The U.S. Versus the World‪.‬

INTRODUCTION Much of the long history of banking can be traced to banks providing international trade financing (see, i.e., Green, 1989). And in today's global economy, a nation's economic strength is closely tied to its ability to compete in the global marketplace. As much of modern commerce relies on the efficient functioning of financial markets, the role of banks providing the financial services necessary for businesses to conduct international business activities can not be overstated.