Question 1: Describe the terms country risk and buyer risk.
Question 2: Describe the role of:
a) Buying houses.
b) Confirming houses.
Question 3: What are the invisibles generally included in a balance of payments account?
Question 4: What information is likely to be needed by a bank when considering an application for finance from an exporter?
Question 5: Explain the parties to a documentary credit.
Question 6: Describe the main methods of remitting payment overseas.
Question 7: Describe the contribution of the IMF and the World Bank to international trade.
Question 8: Describe the main forms of the credit insurance cover.