chapter 1 introduction
��1.1 the characteristics of international trade
��1.2 the laws and usual practices of the international trade
��1.3 the major international trade organization in the world
��1.4 mercantilism
��1.5 absolute advantage
��1.6 comparative advantage
chapter 2 international trade terms
��2.1 components of trade terms
��2.2 incoterms
��2.3 interpretation of trade terms in incoterms 2000
��2.4 contrasts between fob, cfr and cif
��2.5 considerations for choosing trade terms
��2.6 main features of the incoterms 2010 rules
chapter 3 terms of commodity
��3.1 name and quality of commodity
��3.2 quantity of commodity
chapter 4 exchange rate
��4.1 definition of exchange rate
��4.2 types of exchange rate systems
��4,3 floating exchange rate and international trade
��4.4 direct and indirect quotations
chapter 5 export and import procedures
��5.1 general procedures of export transaction
��5.2 general procedures of import transaction
chapter 6 modes of international trade
��6.1 exclusive sales and agency
��6.2 invitation to tender and submission of tender
��6.3 counter trade and processing and assembling trade
��6.4 auction and consignment
chapter 7 insurance
��7.1 types of insurance and their risks, losses and expenses
��7.2 marine insurance
��7.3 history of insurance
��7.4 complexity of insurance policy
chapter 8 transportation
��8.1 ocean transportation
��8.2 shipping documents
��8.3 other modes of transportation
chapter 9 international settlements
��9.1 advance payment
��9.2 open account
��9.3 documentary collection
��9.4 letter of credit or documentary credit
��9.5 bank for international settlements
chapter 10 negotiation of contract
��10.1 the steps of signing a contract
��10.2 the form and contents of a contract
chapter 11 commodity inspection, claim, force majeure andarbitration
��11.1 commodity inspection
��11.2 claims and settlement of claims
��11.3 force majeure
��11.4 arbitration
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