International Business Transactions A Problem Oriented Coursebook 14th Edition

INTERNATIONAL BUSINESS TRANSACTIONS

A Guide to Financing Mechanisms in International Business Transactions

This book outlines features of international business transactions, and discusses their various associated risks. For the successful completion of an international business transaction, depending on its terms, both parties need access to funds. This text deals with financing mechanisms mainly in the international sale of goods and in overseas construction projects. Concerning financing international sale of goods, it discusses export working capital financing, documentary credit, negotiation of bills of exchange, export factoring, and international forfaiting. Concerning financing an overseas construction project, this book discusses supplier and buyer credit, project finance, syndicated loans, and independent guarantees (or standby letters of credit). The book also covers export credit insurance (or export credit guarantee), which is very useful for the facilitation of financing in the international sale of goods and in overseas construction projects.

International Business Transactions

Expert summary simplifies a vast and complicated field. Text concentrates on trade, licensing, and investment law from a U.S. citizen's point of interest. Special attention is given throughout to the North American Free Trade Agreement (NAFTA) and the Uruguay Round GATT (General Agreement on Tariffs and Trade) accords. Areas covered include sales agent, distributorship, and countertrade agreements; U.S. customs and international trade regulation; export incentives and controls; foreign investing; and antitrust and securities laws.