Your Perfect Assignment is Just a Click Away

We Write Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!


Describe the concept of cash in advance?

Describe the concept of cash in advance?

Describe the concept of cash in advance?

Review questions Chapter 7 and 8

Francisco Leon

Grantham University

INT460 Global Logistics Mgmt.

Instructor: Mr. Gary Reinke

Due Date:5/31/2022















Chapter 7 questions.

1. Why is it more difficult and riskier to collect receivables from a foreign purchaser?

2. What are the differences between political risk and commercial risks of non-payment?

3. Describe the concept of cash in advance?

4. Describe the process of documentary collection?

5. Describe the mechanism of a letter of credit, from the exchange of the pro forma invoice to final payment?

6. What is the credit insurance? Why is it associated with open account transactions?

7. Several people claim that letters of credit will soon be replaced by the concept of TradeCard. What is this product, and why do those people think it has such a bright future?

8. Describe the concept of bank guarantees. What are the different types of bank guarantees?


Chapter 8 questions

1. What are three of the possible choices that an exporter can make (in terms of currency) for a specific transaction?

2. Explain the three different types of exchange rates. Find the three exchange rates for a currency of your choice and explain the values you find.

3. Explain three different types of currencies. Give an example of each.

4. Choose two of the theories of exchange rate determination and explain them.

5. What does it mean for a firm to retain its currency fluctuation risk in a transaction?

6. There are three types of hedges that a firm can use to protect itself against transaction exposure. Choose one of them and explain.

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: On Time Writers only hire the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by On Time Writers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. On Time Writers is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At On Time Writers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.