THE PRACTICE OF EXPORT-IMPORT OPERATIONS is a book that presents the main theoretical aspects of the initiation, contracting and execution of an export-import operation and provides examples of such activities drawn from situations illustrating the practice of international business. There is a particular focus on applications and case studies, meant to ensure a better understanding of the execution mechanism specific to export-import transactions.
The structure of the book reflects the main elements of practical export-import activities, namely choosing an export method, establishing business links, supply, international commercial contracting, logistics, payments and financing, and transaction management.
The first part of the book – the first three chapters – comprises applications and case studies on topics related to choosing an export method, establishing business links, supply and international commercial contracting.
The second part of the book – the following three chapters – consists of applications and case studies regarding international logistics, payments and international financing techniques.
The book ends with a chapter regarding the issue of risk management in foreign trade transactions, which presents the typology of risks, as well as the methods of covering specific risks (default risk, exchange rate risk, price risk).