Financing Export Trade

  • K. Midgley
  • R. G. Burns

Abstract

Our final chapter in this section will be concerned with the finance of exports. We think we are justified in devoting a separate chapter to this because of the special factors involved. These are mainly the extra risks incurred when trading internationally in a world of frequent political disturbance and also the longer credit which may have to be granted because of the lack of wealth in some of the developing countries. Export trade involves the same procedures as internal trade (i.e. enquiries into customer’s credit-standing and possibly sales only on cash-on-delivery terms) but these procedures are applied in a way which accommodates the circumstances, and the terminology is often different.

Keywords

Shipping Income Expense 

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Further Reading

  1. Paul Ferris, The City (Penguin 1965) ch. 3.Google Scholar
  2. Norman Macrae, The London Capital Market (Staples Press 1964) ch. xi.Google Scholar
  3. Radcliffe Report, Cmnd 827 (H.M.S.O. 1959) — particularly paras 867 to 898.Google Scholar
  4. Association of Certified & Corporate Accountants, Sources of Capital (1965) section v.Google Scholar
  5. Board of Trade, Export Handbooks 1 and 2 (1967).Google Scholar
  6. Bank of England, Quarterly Bulletin (June 1966).Google Scholar
  7. ‘Fewer Roses at E.C.G.D.’, The Economist (18 Feb 1967).Google Scholar

Copyright information

© K. Midgley and R. G. Burns 1969

Authors and Affiliations

  • K. Midgley
  • R. G. Burns

There are no affiliations available

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