This book is intended for all students of MBA (Finance) of various Universities and Management Institutes and the same can be used for CA, CMA and ACS courses. The objective of the book are to provide the student with a conceptual framework of financial decisions taken with regard to International Trade Finance. The purpose is to make students familiar with the unique economic fundamentals and financial factors, which challenge the financial manager in the international context. The book covers the entire syllabus as approved by UGC on the subject of International Trade Finance, with increasing prospects on Export and Import sectors through hedging, Derivative Instruments and International Trade Logistics assume significance. This book could be the perfect guide for the beginners who wish to invest in Export and Import segment. Besides, this book is presented in simple language and mathematical terms, easily understandable to the average students.
This has the advantage of harmonizing the finance function with the International Trade on the one hand and integrating with international finance on the other. At the cost of repetition, each chapter is made self-contained and related to other chapters. But this is an added advantage to students who get a recap of some of the points of significance. The material is kept as brief as possible, yet with a comprehensive coverage of all the modules as approved by various universities and autonomous institutions and in accordance with their syllabus.
This text book could be the perfect guide to the new beginners who want to know about International Trade and International Finance.
1. Introduction about International Trade and International Finance
2. Exchange Rate System
3. Foreign Exchange Management
4. Foreign Exchange Markets
5. Foreign Exchange Risk Management
6. Export and Import Finance
7. INCO Terms (FOB, CIF etc.)
8. Documentation in International Trade
9. Monetary and Non Monetary Export Incentive Schemes by Government of India
10. Letter of Credit