Description

International Trade: a Practical Introduction 4th Edition, is designed for any post-secondary course in the practice of international trade in goods from an Australian trader's perspective. It assumes no prior background knowledge and covers all the basic processes, documents, regulations, payment systems and numerous pitfalls. It provides detailed discussion of customs and quarantine, Incoterms®, valuations of goods, letters of credit, bills of lading, cargo insurance and so on.

The Fourth Edition is fully updated and substantially expanded, particularly focusing on recent changes to barrier control processes for exports and imports, and the impact of free trade agreements on these processes. It covers the latest material on international security for goods movement by both sea and air. The Fourth Edition also covers the latest terms of delivery rules, the Incoterms ® 2010. Student understanding is enhanced by learning objectives, numerous practical international examples, references and carefully reproduced sample documents. The author is one of the most experienced practitioners and expert academics in this constantly changing field.<\p>

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International Trade, A Practical Introduction 4E
4th Edition, Eruditions Publishing, Melbourne, 2013.
Papercover, 530 pages, 200 mm x 270 mm.
ISBN 978-186491019-3 RRP AU$ 99.95
[Postage/Handling: Within Australia AU$15; International, AU$25 Air Mail]

Contents

1. International Trade: the Risks, the Parties, the Documents and Foreign Exchange
2. Trade Regulations: Customs
3. Trade Regulations: Quarantine (DAFF Biosecurity/AQIS) and other Permit Issuing Agencies (PIA)
4. Incoterms® 2010
5. Sea Freight Doucmentation
6. Air Freight Documentation
7. Freight Forwarders, Customs Agents, and Consolidators (Groupage Agents)
8. Cargo Insurance
9. Trading Risks
10. Methods of Payment, Financing Options and Government Schemes
11. Bills of Exchange, the Act and the URC 522
12. Letters of Credit, UCP 600, eUCP and ISBP
13. References, Index

Add this to your Shopping Cart

International Trade, A Practical Introduction 4E
4th Edition, Eruditions Publishing, Melbourne, 2013.
Papercover, 530 pages, 200 mm x 270 mm.
ISBN 978-186491019-3 RRP AU$ 99.95
[Postage/Handling: Within Australia AU$15; International, AU$25 Air Mail]

Key Features

• The author is one of the most experienced practitioners and expert academics in the field
• Approaches international trade from an Australian trader's perspective
• A unique up-to-date text in a very complex field with few available resources
• Assumes no prior background in the field
• Suitable for any tertiary course on International Trade
• Covers all the basic processes, parties, documents, regulations and payment systems
• Includes numerous genuine samples of relevant documents and is fully referenced and indexed
• Covers issues such as:

• ACS and AQIS regulations and Australia's world-first customs processing technology
• Impact of free trade agreements and international security regulations
• Incoterms 2010
• Bills of Lading, Bills of Exchange and the latest rules for Letters of Credit
• Cargo Insurance, Consolidators and a Synopsis of UCP600
• Trading and foreign exchange risks

Add this to your Shopping Cart

International Trade, A Practical Introduction 4E
4th Edition, Eruditions Publishing, Melbourne, 2013.
Papercover, 530 pages, 200 mm x 270 mm.
ISBN 978-186491019-3 RRP AU$ 99.95
[Postage/Handling: Within Australia AU$15; International, AU$25 Air Mail]

Preface

International trade relies on selling and buying goods and services across international boundaries. The procedures necessary to achieve this seemingly simple task can be quite complex. International trade is vital to Australia’s economy and globalisation has truly gripped the business environment. This textbook deals with the latest practices of exports and imports of tangible goods from the Australian perspective. The textbook does not deal with the export of services, other than those services which are an integral part of the movement of goods and their control, such as transport and insurance, customs and quarantine, etc. The Fourth Edition incorporates updated material. The focus is not only on customs processes, but also those of other permit issuing agencies, and especially those related to quarantine aspects. The book features a resource-bank of the most common documentation that forms part of a typical export/import transaction. Numerous links to web sites are also provided to assist the reader. The new Incoterms® 2010, primarily viewed from a risk management perspective are discussed in the Fourth Edition. The latest edition of Incoterms feature two new terms and the removal of four previous terms, with fundamental changes to the risk transfer point for non-container carriage of goods by sea. There is also a synopsis of the UCP 600, the latest rules for Letters of Credit operations. These rules have perhaps taken a more important role than usual with the current worldwide financial crisis placing increased pressure on short term international trade finance. Use of Australian legislation, as applicable, has been incorporated into the writing of this text to provide the reader with an understanding of where some of the practical requirements come from. For example, relevant sections of the Customs Act 1901 have been quoted for matters of customs clearance. This textbook cannot, of course, cover every aspect of the international trade cycle, but rather, concentrates on the most common aspects that are currently in use. Throughout the textbook I have aimed to provide practical explanations, to help form a link in the reader’s mind between the theories and their practical applications on the various aspects of international trade. The Fourth Edition incorporates much additional material. It focuses on the world-first customs processing technology within Australia, which has given rise to perhaps the most significant changes to Australia’s barrier controls in almost a century. The book features the impact of free trade agreements and the latest on international security for goods movement. There is an updated extensive resource-bank of documentation on border control functions. Numerous links to web sites are also provided to assist the reader. My own involvement in international trade has spanned over twenty years in a variety of roles both as an industry practitioner, and more recently as an academic. The genesis for this textbook is the result of my exposure to the dynamic international trade arena and my wish to assist others in being successful in their business pursuits.

Roberto Bergami

31 January 2013

Add this to your Shopping Cart

International Trade, A Practical Introduction 4E
4th Edition, Eruditions Publishing, Melbourne, 2013.
Papercover, 530 pages, 200 mm x 270 mm.
ISBN 978-186491019-3 RRP AU$ 99.95
[Postage/Handling: Within Australia AU$15; International, AU$25 Air Mail]

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