Spot rates and forward rates -- Factors which influence spot rates and forward rates -- Close outs extensions of forward contracts -- Foreign currency options/pure options -- Alternatives to forward contracts and currency options, and benefits of foreign currency invoicing for exporters -- Eurocurrency makers, European Currency Units (ECU), and the European Monetary System (EMS) -- Methods of international swttlement through banks -- Transport documents used in international trade -- Documents other than transport documents -- Incoterms -- An Overview of terms of payment -- Open account terms -- Doucmentary collections -- Documentary credits -- Short-term finance for exports -- Medium-and long-term finance for exports -- Non-financial services for exporters -- Bonds, stand-by letters of credit and countertrade -- The Services which non-bank competitors can provide for exporters -- Inward documentary collections -- Documentary credits for imports -- Transferable letters of credit and back-to-back letters of credits

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