International Trade and Finance

The world economics are changing rapidly and most countries of the world including developing countries are gearing up to the challenges of competing in a highly integrated global market place. In such a situation, the issue of "International Trade" is attaining much attention of the government authorities, traders and policy makers in recent years. For the developing countries, specifically a country like India, growth requires a steady in flow of imported capital and intermediate goods, and this in turn necessitates foreign exchange to pay for them. To this end, this lesson explains in detail the framework of International Trade, its characteristics, limitations and international corporations in trade finance, practices and the international situations that assist the international trade operations. The book covers all necessary operations and basic concepts in all diversions in international trade and finance.