The handbook of international trade and finance :the complete guide to risk management, international payments and currency management, bonds and guarantees, credit insurance and trade finance
by Anders Grath.

ISBN：9780749453206
London ;Philadelphia :Kogan Page
2008
208 pages

Preface vii
Acknowledgements/Disclaimer ix
Introduction 1
1 Trade risks and risk assessment 9
International trade practices 9
Product risks 14
Commercial risks(purchaser risks)18
Adverse business risks 20
Political risks 22
Currency risks 24
Financial risks 26
2 Methods of payment 29
Different methods of payment 29
Bank transfer(bank remittance)32
Cheque payments 40
Documentary collection 42
Letter of credit 47
Counter-trade 65
3 Bonds,guarantees and standby letters of credit 69
The use of bonds and guarantees 69
Common forms of guarantee 76
Demand guarantees 80
Standby letters of credit 83
The structure and design of guarantees 85?iv CONTENTS__________________________________________________________
4 Currency risk management 89
Currency risk 89
The currency markets 91
Currency exposure 95
Hedging currency risks 98
Practical currency management 105
5 Export credit insurance 109
Amutual undertaking 109
The private sector insurance market 112
Export credit agencies 116
Investment insurance 123
6 Trade?nance 125
Finance alternatives 125
Pre-shipment?nance 127
Supplier credits 130
Re?nancing of supplier credits 134
Buyer credits 141
The international money market 145
7 Structured trade?nance 149
International leasing 149
Lines of credit and local currency?nance 154
Project?nance and joint venture 155
Multilateral development banks 158
8 Terms of payment 163
Terms of payment and cash management 163
Contents of the terms of payment 164
Structure of the terms of payment 168
Composite terms of payment 172
The?nal design of the terms of payment 174
Glossary of terms and abbreviations 177
Index 193
Index of advertisers 198