STRENGTHS AND FEATURES OF THIS BOOK
1. Practical and systematic approach: This book explains concept, features/risks of international trade, trade documents, various types of methods of payment, and trade finance in practical aspect. This book offers systematic approach towards to international trade and payment together with trade finance. This book will be a practical guide to international trade and payment, and help practice international trade transactions.
2. Simple explanation with figures: This book explains in a very simple way, and provides figures for better understanding for concept and/or operation for each method of payment and for each types of trade finance including export credit insurance.
3. Designed for a one semester college course: This book is designed for a one semester college course and is primarily aimed at undergraduates. To that end, this book is composed of 13 chapters and two appendices. This book is also available for a one semester course for upper-level undergraduate or graduate students.
4. Reference for experienced managers and bankers: This book will be useful for those who engage in international trade transactions including bankers dealing with trade finance. This book provides a comprehensive explanation on methods of payment in international trade, and is detailed and professional enough to serve as a valuable reference for experienced managers and bankers.
5. Review questions and answers: Each chapter includes review questions and answers. Review questions and answers will tell what to understand and review.
6. Considerations for beginners: For the beginners, chapter 1 overviews international trade (i.e. concept, purposes, features and risks of international trade), and chapter 2 explains commercial documents and financial documents normally used in international trade. Further, chapter 3 previews and outlines various types of methods of payment.
7. Various examples and figures with explanation: This book provides various examples and figures for trade documents and each method of payment.