This newly revised and updated Fourth Edition includes the latest techniques and vehicles for financing all types of export and import operations. Here is the latest information on emerging markets, new hedging techniques, particular areas of risk for import and export, recent regulations governing documentary credit, and new financing rules.

Export-Import Financing covers a wide range of topics, from foreign trade definitions, bank guarantees, and risk management, to shipping and collection, and the latest legislation.

Export-Import Financing, Fourth Edition, contains invaluable information on banking deregulation, international bank custody operations, bank involvement in insurance, changes in the maritime industry, and much more.

Written and organized for maximum clarity and accessibility, this comprehensive volume includes the roles of commercial banks, private institutions, and governments in export-import financing, and how they interact; how transactions are executed, including the role of foreign exchange and techniques for hedging; the tools, techniques, and vehicles for financing all types of international trade, from letters of credit to bankers' acceptances.

Like its distinguished predecessors, Export-Import Financing, Fourth Edition, has been designed for practical use. Numerous samples of the various instruments and forms used in daily financial and banking operations are included, from sales contracts to six different types of credit and risk analysis. This indispensable volume has the detailed information you need to stay abreast of the latest developments in the changing world of international commerce.