problem 1: Describe the terms country risk and buyer risk.

problem 2: Describe the role of:

a) Buying houses.
b) Confirming houses.

problem 3: What are the invisibles generally included in a balance of payments account?

problem 4: What information is likely to be needed by a bank when considering an application for finance from an exporter?

problem 5: describe the parties to a documentary credit.

problem 6: Describe the main methods of remitting payment overseas.

problem 7: Describe the contribution of the IMF and the World Bank to international trade.

problem 8: Describe the main forms of the credit insurance cover.