Module 2: Finance of International Trade

This module is designed to provide you with an understanding of the keys to profitability in business and the most appropriate sources of finance to maximize such profits. In addition to covering the working capital cycle in international trade, the management of cash flow and effective business financial structures, it also takes a detailed look at a number of trade instruments such as Documentary Letters of Credit and Bonds & Guarantees. During this module, you will be required to evaluate and attempt to reduce the various risks that can arise in international trade, including exchange rate risk and country and buyer credit risk, as well as to choose and operate the most appropriate methods of payment for a given international transaction.