国际贸易融资.pptVIP

Chapter Outline A Typical Foreign Exchange Transaction Forfaiting Countertrade Forms of Countertrade Generalizations about Countertrade 1.A Typical Foreign Exchange Transaction Over the years, (centuries, really) an elaborate process has evolved for handling exports and imports. Figure 20.1 illustrates this process A typical foreign trade transaction requires three basic documents: Letter of credit (L/C), time draft, and bill of lading (B/L) Process of a Typical Foreign Trade Transaction (1)Letter of Credit (L/C) A guarantee from the importer’s bank that it will act on behalf of the importer