Intended for use by anyone involved in international sales, finance, shipping and administration, or for those studying for academic or professional qualifications in international trade, The Handbook of International Trade and Finance provides a full explanation of the key finance areas of international trade – including risk management, international payments and currency management. At the same time, it provides the essential information necessary to help you to reduce risks and improve cash flow, identify the most competitive finance alternatives, structure the best payment terms, and minimize finance and transaction costs. Revised and updated for this second edition, coverage includes information on: • trade risks and risk assessment • methods of payment • bonds, guarantees and standby letters of credit • currency risk management • export credit insurance • trade finance • structured trade finance • terms of payment For any business, regardless of size and business sector, the book also describes the negotiating process from the perspectives of both the buyer and the seller – giving you valuable insight into the complete financing process. For students, or for those studying for a professional qualification in this sector, The Handbook of International Trade and Finance will prove an indispensable reference source that gives a complete and thorough assessment of all the issues involved in constructing, financing, managing and completing a cross-border transaction.