After Covid-19 New Payments Methods in International Trade

Authors

  • Selminaz ADIGÜZEL Assistat Professor, Harran University Siverek Applies Sciences Faculty International Trade and Logistics Departments sadiguzel©harran.edu.tr ORCİD NUMBER 0000-0002-6808-2888

DOI:

https://doi.org/10.46291/ISPECIJSSHvol4iss4pp271-284

Keywords:

Corona 19 Pandemic, Economy, International trade, payment and delivery types ICC, Incoterms

Abstract

The Corona epidemic that started about in 2019 brought changes in the fields of economy, politics and education. Significant changes have occurred in the forms of payment and delivery, which is one of the important issues in international trade.Incoterms 2020, after ICC announced on September 10, 2019, Incoterms International Trade Terms) investigated the responsibilities of cross-border merchants (exporter) and buyers (importer) for the delivery of tradable goods, to investigate new forms of payment after the Covid 19 outbreak. Information about payment methods in international trade is given.In the research, the literature search was done and after 2020 Corona virus, researches and payment methods in the world were examined. According to the research result, after the Sars virus, developed countries established their digital infrastructures and made their preparations about 20 years ago and made their commercial infrastructures suitable for remote trade.  He prepared the payment methods for the establishment of the ICC Digital infrastructure. Economic stagnation and a fall in GDP are related to a decrease in demand. China, one of the countries where the virus started, was not caught in Corona. The rich continue to be rich, the poor still become poor.

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Published

2020-09-05

How to Cite

ADIGÜZEL, S. (2020). After Covid-19 New Payments Methods in International Trade. ISPEC International Journal of Social Sciences & Humanities, 4(4), 271-284. https://doi.org/10.46291/ISPECIJSSHvol4iss4pp271-284

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Articles