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Finance of Foreign Trade

In: International Business Finance

Author

Listed:
  • Douglas Wood

    (Manchester Business School)

  • James Byrne

    (Manchester Business School)

Abstract

The lengthy payment period built into overseas trade terms (sixty to ninety days being usual and longer terms quite common) and the leisurely approach principals and intermediaries often adopt to meeting even these protracted terms means that the international seller has to carry a major credit burden. Some idea of the credit structure for UK exports is provided in Table 3.1.

Suggested Citation

  • Douglas Wood & James Byrne, 1981. "Finance of Foreign Trade," Palgrave Macmillan Books, in: International Business Finance, chapter 3, pages 53-72, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-03120-7_3
    DOI: 10.1007/978-1-349-03120-7_3
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