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Finance of Foreign Trade

Douglas Wood and James Byrne
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Douglas Wood: Manchester Business School
James Byrne: Manchester Business School

Chapter 3 in International Business Finance, 1981, pp 53-72 from Palgrave Macmillan

Abstract: 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 (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-03120-7_3

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DOI: 10.1007/978-1-349-03120-7_3

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