This book mainly covers various methods of payment in international trade. In addition, this book also overviews concept, purposes, features/risks of international trade, and trade finance. This book is designed for a one semester college course and is primarily aimed at undergraduates. This book is also available for a one semester course for upper-level undergraduate or graduate students.
This book provides a comprehensive treatment of methods of payment in international trade accessible to those less familiar with the subject matter. This book will also be a valuable reference for experienced managers and bankers.
Chapter 01 Overview of International Trade
Chapter 02 Trade Documents
Chapter 03 Overview of Methods of Payment
Chapter 04 Payment in Advance (Cash in Advance)
Chapter 05 Open Account
Chapter 06 Documentary Collection
Chapter 07 Documentary Credits (L/C)
Chapter 08 UCP 600 and L/C Case Study
Chapter 09 Other Methods of Payment
Chapter 10 Demand Guarantee (independent guarantee) and Standby L/C
Chapter 11 Negotiating Payment Terms
Chapter 12 Trade Finance
Chapter 13 Export Credit Insurance/Guarantee
❏Sang Man Kim
ŸProfessor at Duksung Women’s University (Dept. of International Trade)
ŸAttorney at Law (State of New York, U.S.A.)
ŸFormer Deputy Director (Korea Trade Insurance Corporation)
ŸB.A. Law (Korea University)
ŸM.D. International Business Transaction Law (Korea University)
ŸLLM. American Law (University of Minnesota Law School)
ŸPh.D. Commercial Law (Korea University)
ŸArbitrator (Korean Commercial Arbitration Board)
ŸMediator (Korean Commercial Arbitration Board/Seoul Central District Court)
ŸMember (ICC Korea International Finance Commission)
ŸCITF(Certificate in International Trade & Finance, London Institute of Banking & Finance)
(International Publications)
Ÿ The Legal Effect of the Unknown Clause in a Bill of Lading under the International Rules (North Carolina Journal of International Law, University of North Carolina, 2016)
ŸWorld Shipbuilding Industry and Export Credit Insurances for Ship Exports: Focusing Korea’s Export Credit Insurances (International Journal of Applied Business and Economic Research, Serials, 2017)
Ÿ Use of Zeroing in the W-T Comparison Methodology and Targeted Dumping (United States –Anti-dumping Measures on Large Residential Washers from Korea (DS464)) (Journal of Korea Trade, Emerald, 2017)
ŸIs Export Credit Insurance Countervailable Subsidy under the SCM Agreement? (Focusing on EC-Countervailing Measures on DRAM Chips from Korea (DS299)) (International Journal of Economic and Research, Serials, 2017)
ŸWhy is a Refund Guarantee Independent from a Shipbuilding Contract? (International Journal of Economic Research, Serials, 2018)
ŸFlag of Convenience in the Context of the OECD BEPS Package (Journal of Maritime Law and Commerce, Jefferson Law Book Co., 2018)
ŸCase Study on Fraud in Export Credit Insurance for Export Financing against Account Receivables (Global Trade and Customs Journal, Wolters Kluwer, 2018)
ŸThe Supreme Court of Korea’s Decisions on the Fraud Exception in a Demand Guarantee (Journal of Korea Trade, 2015)ŸCan a Change of Circumstances Qualify as an Impediment under Article 79 of the CISG (Chinese Journal of International Law, Oxford Academic Press, 2018)