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A message from the authors:
We wrote this book to encourage students and entrepreneurs alike to think globally when it comes to business. The existing textbooks on this topic tend to be heavily theory-based and dense, whereas we kept ours more concise and practical. This text can appeal to professors and students alike at business schools around the world. With more exposure our goal is make an editions with relevant information to each country we find an audience.
— Joseph F. Greco Ph.D and Brian Murray
With the existence of the World Trade Organization, North American Free Trade Agreement and the European Union, trade continues to play a crucial role in an ever-globalizing economy.
Technology and economic integration will only continue to foster the growth of trade. Exporting and importing used to be limited to large corporations, but now even small businesses can explore opportunities in international markets. Methods of organizing, financing and managing risk in trade are explored in the pages of this text. The authors also examine critical topics such as logistics and insurance, international commercial banking, and exchange rates.
This book takes a practical approach, making it a worthwhile read to experienced traders and learners alike. Gain a competitive advantage and navigate business challenges with the lessons in The Fundamentals of Trade Finance.