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4) According to a December 2015 report by Global Financial Integrity (GFI), fraudulent misinvoicing of trade transactions was revealed to be the largest component of illicit financial flows (IFF) from developing countries, What do you understand by trade misinvoicing and how does it affect developing countries? Examine.

Topic: Economic growth; Prevention of money laundering

4) According to a December 2015 report by Global Financial Integrity (GFI), fraudulent misinvoicing of trade transactions was revealed to be the largest component of illicit financial flows (IFF) from developing countries, What do you understand by trade misinvoicing and how does it affect developing countries? Examine. (200 Words)

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