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The Handbook of International Trade and Finance
Book

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

Anders Grath
Kogan Page, 2012
First Edition: 2005

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Editorial Rating

8

Qualities

  • Applicable

Recommendation

International trade and trade finance are specialized sectors of business and banking, requiring particular knowledge and expertise. Here, trade expert Anders Grath provides a compact, complete guide to the fundamentals of this crucial aspect of global commerce. Grath walks you through the basics of risk management, financing techniques and payment methods that ensure safe and profitable import and export transactions. Though somewhat dry, his clear information is crucial for any firm buying and selling internationally. getAbstract recommends Grath’s guidance to bankers, entrepreneurs or executives involved in overseas trade.

Take-Aways

  • Buying and selling across national borders adds layers of new risks to business.
  • The hazards in international trade transactions include “product, commercial, adverse business, political, currency” and “financial” risks.
  • Any exporter’s goal is swift and safe payment.

About the Author

Anders Grath, a banker and trade finance specialist, is a consultant to banks and trade councils in Europe.

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