Question 1: Describe what an insurance guarantee is and elucidate when it must be set up.
Question 2: Illustrate the role of a Credit Controller.
Question 3: Describe the concept of transferable credit.
Question 4: When preparing a quotation for a prospective overseas buyer what necessary elements should be comprised?
Question 5: Describe the purpose of a banker’s indemnity in the case of shipped goods.
Question 6: Describe:
a) Red clause credits
b) Standby credits
Question 7: The huge amount of international debt facing developing countries impacts significantly on trade. Illustrate it.
Question 8: Fundamentally, exporting costs do not diverge greatly from home market costs. Illustrate.