Abstract
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.
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Further Reading
Association of Certified Accountants, Sources of Capital (London: A.C.A., 1979).
G. V. Benz, International Trade Credit Management (London: Gower Press, 1975).
D. J. Darby, Financing of Industry and Trade (London: Pitman, 1970).
Export Credits Guarantee Department, Insurance Facilities of the British Government’s Export Credits Guarantee Department (London: H.M.S.O., 1977).
Institute of Chartered Accountants in England and Wales, Export Finance, Audio Package (London: I.C.A., 1977).
Radcliffe Committee, Report of the Working of the Monetary System (London: H.M.S.O., 1959), particularly paras 867–98.
W. W. Syrett and R. F. Pither, Sources and Management of Export Finance (London: Gower Press, 1972).
A. Watson, Finance of International Trade (London: Institute of Bankers, 1976).
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© 1979 Kenneth Midgley and Ronald G. Burns
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Midgley, K., Burns, R.G. (1979). Financing Export Trade. In: Business Finance and the Capital Market. Palgrave, London. https://doi.org/10.1007/978-1-349-16186-7_6
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DOI: https://doi.org/10.1007/978-1-349-16186-7_6
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-26452-2
Online ISBN: 978-1-349-16186-7
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