Our final chapter in Part Two 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 difficult.
Unable to display preview. Download preview PDF.
- Association of Certified Accountants, Sources of Capital (London: A.C.A., 1979).Google Scholar
- G. V. Benz, International Trade Credit Management (London: Gower Press, 1975).Google Scholar
- D. J. Darby, Financing of Industry and Trade (London: Pitman, 1970).Google Scholar
- Export Credits Guarantee Department, Insurance Facilities of the British Government’s Export Credits Guarantee Department (London: H.M.S.O., 1977).Google Scholar
- Institute of Chartered Accountants in England and Wales, Export Finance, Audio Package (London: I.C.A., 1977).Google Scholar
- Radcliffe Committee, Report of the Working of the Monetary System (London: H.M.S.O., 1959), particularly paras 867–98.Google Scholar
- W. W. Syrett and R. F. Pither, Sources and Management of Export Finance (London: Gower Press, 1972).Google Scholar
- A. Watson, Finance of International Trade (London: Institute of Bankers, 1976).Google Scholar