course

Understanding Methods for Mitigating International Trade Risk

(15)
4.6
31 Enrolled
1 Hour (On-Demand)
1 CPE  
Not currently accepting new students

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
Last updated/reviewed: August 4, 2023
Course Search
6 Reviews (15 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
Member's Profile
Well-structured and concise presentation by a very knowledgeable instructor. Recommended!
5
Anonymous Author
Good summary of international trade payment/collection options.
5
Member's Profile
Good overview of risk as it relates to international trade.
4
Anonymous Author
It was a very good course
Prerequisites
Course Complexity: Advanced

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 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  1:11PREVIEW: Introduction to Methods for Mitigating International Trade Risk
Methods for Mitigating International Trade Risk
  Why Engage in International Trade?3:09
  US Trade Partners and Trade Trends7:20
  Open Account Transactions2:36
  Documentary Collections4:15
  Letters of Credit6:45
  Payment in Advance2:51
  Bank Payment Obligation6:33
  Supply Chain Finance8:04
CONCLUSION
  Course Summary7:43
SUPPORTING MATERIALS
  Slides: Understanding International TradePDF
  Understanding International Trade Glossary/IndexPDF
REVIEW & TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam