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Duration: 1 Hour
Level: Advanced
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In this course we cover major US trade partners and why companies engage in international trade. There is risk involved in international trade, so we cover various methods for mitigating some of the risk, and how those methods protect the buyer or seller or both.  We also discuss supply chain financing which is becoming more popular as a method for managing working capital when dealing with global business partners.

This course assists financial professionals in understanding ways to protect their organizations when they engage in international trade, which is a portal to additional revenue opportunities. 

Learning Objectives

  • Recognize why organizations would want to engage in international trade and why it could benefit their organization
  • Recognize the various ways to mitigate risk in international trade
  • Recognize the reasons for using supply chain finance
  • Discover the new form of risk mitigation developed by SWIFT

4 Reviews (7 ratings)Reviews

5
Anonymous Author
I enjoyed learning about the different ways companies can diversify and manage risk and the various payment methods, especially the recent supply chain finance method.
3
Anonymous Author
The couple of slides on trade partners are confusing and can be improved upon for clarity. The instructor is also sometimes hard to hear.
5
Anonymous Author
Good summary of international trade payment/collection options.
4
Anonymous Author
It was a very good course

Prerequisites

Prerequisite: Previous experience in corporate finance

 

Advanced Preparation: None

 

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 ext. 106, or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
Methods for Mitigating International Trade Risk
  3:09Why Engage in International Trade?
  7:20US Trade Partners and Trade Trends
  2:36Open Account Transactions
  4:15Documentary Collections
  6:45Letters of Credit
  2:51Payment in Advance
  6:33Bank Payment Obligation
  8:04Supply Chain Finance
CONCLUSION
  7:43Course Summary
SUPPORTING MATERIALS
  PDFSlides: Understanding International Trade
  PDFUnderstanding International Trade Glossary/Index
REVIEW & TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM