Conduct a typical foreign commerce trade

Reference no: EM133065612

Question 1. Discuss some of the reasons why international trade is more difficult and risky from the exporter's perspective than is domestic trade.

Question 2. What three basic documents are necessary to conduct a typical foreign commerce trade? Briefly discuss the purpose of each.

Question 3. How does a time draft become a banker's acceptance?

Question 4. Discuss the various ways the exporter can receive payment in a foreign trade transaction after the importer's bank accepts the exporter's time draft and it becomes a b'anker's acceptance.

Question 5. What is a forfaiting transaction?

Question 6. What is the purpose of the Export-Import Bank?

Question 7. Do you think that a country's government should assist private business in the conduct of international trade through direct loans, loan guarantees, and/or credit insurance?

Question 8. Briefly discuss the various types of countertrade.

Question 9. Discuss some of the pros and cons of countertrade from the country's perspective and the firm's perspective.

Question 10. What is the difference between a buy-back transaction and a counter purchase?

Reference no: EM133065612

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