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The COVID-19 pandemic restrictions have brought the benefits of paperless trading to the forefront of attention. Many countries are considering issuing, accepting and exchanging electronic documents for paperless trading. Issues related to paperless trading are also at the core of World Trade…
Risk is a part of our everyday lives. When we wear a helmet to ride a bike, for example, we accept a small inconvenience to reduce the risk of a fall or an accident. When a homeowner decides to retrofit their house, they incur a cost to shield against an earthquake or a flood. Faced with the COVID-…