한국기업의 무역사기에 관한 형태와 대응방안

Types of Frauds and Alternatives in Korean Firms' International Trade

The purpose of this study, focusing on the buyer's intentional non-payments, is to explore the tYPical types of frauds in Korean finns' international trade, and to derive the alternatives with settlement methods for the minimization of damage caused by the frauds and for the maximization of Korean finns' trade activities. Indeed, mutual untrust is largely caused by the frauds between both parties, particularly by the importer's non-payment in business transactions. In addition, the importer's non-payment tends to result in the contraction of ex{X)rters' trade activities. The buyer's nonpayment also brings about the seller's incredibility against the buyer. In general, the types of fraud in international transactions include the cheats associated with terms of payment and Letter of Credit docummentary fraud, cargo insurance fraud with cargo theft and inteotional fire, and so on. This study, therefore, provides the typical cases that Korean finns have directly suffered from the frauds in international business. Then, this study should suggest the alternatives to rPduce risk and damage from frauds if} international trade. Thus, this study contributes to the better understanding for the types of frauds and alternatives with settlement methods in international business transactions.