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Finance of Foreign Trade

  • Douglas Wood
  • James Byrne

Abstract

The lengthy payment period built into overseas trade terms (sixty to ninety days being usual and longer terms quite common) and the leisurely approach principals and intermediaries often adopt to meeting even these protracted terms means that the international seller has to carry a major credit burden. Some idea of the credit structure for UK exports is provided in Table 3.1.

Keywords

Interest Rate Foreign Trade Credit Risk Foreign Currency Trade Credit 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 1.
    M. Westlake, Factoring, (London: Pitman, 1975), p. 12.Google Scholar
  2. 2.
    See, for example, Alasdair Watson, The Finance of International Trade: notebook and documents (London: Institute of Bankers, 1976).Google Scholar

Copyright information

© Douglas Wood and James Byrne 1981

Authors and Affiliations

  • Douglas Wood
    • 1
  • James Byrne
    • 1
  1. 1.International Centre for Banking and FinanceManchester Business SchoolUK

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