How to Avoid Traps in International Trade

How to Avoid Traps in International Trade udemy course

10 Insightful Cases Studies on How to Avoid Traps in International Trade -Letters of Credit, Incoterms, Bills of Lading

Avoid International Trade Pitfalls: Learn from Real-World Cases

Tired of costly mistakes in international trade?

Our comprehensive online course offers 13 real-world legal case studies to help you navigate the complexities of global commerce.

Your instructor will take you through each real life case studies on what happened, what was the court judgement on the cases & learning points.

What You'll Learn:

• Understand Common Pitfalls: Discover the most frequent mistakes businesses make in international trade.

• Learn from Real-World Examples: Analyze real-life case studies to see how these mistakes can impact your business.

• Avoid Costly Legal Issues: Learn how to prevent legal disputes and protect your bottom line.

• Apply Lessons to Your Business: Implement the insights gained from these case studies to improve your international trade practices.

  
  

Inside the course, you'll learn how to:

- How a House Bill of Lading can be risky for an Exporter - Examining the risk of using FOB for an Exporter.

- How an Importer was cheated by the Exporter using forged documents in a Letter of Credit transaction

- The consequences if the goods description in the Sales Contract does not match the terms of the Letter of Credit

- Han Jin Bankruptcy - An Importer's harrowing experience

- How using an LC to pay for past shipment of goods can be detrimental to the Seller

- Can an Issuing Bank be held liable to the applicant if there are forgeries in the documents submitted to the Exporter

- How backdating a Bill of Lading is tantamount to fraud

- How an Issuing Bank was liable to pay US$1.2million due to non compliance to Article 14 of UCP500

- Beware of Triad Syndicates operating in International Trade

- How an Exporter did not get paid under a Confirmed LC although the Importer had waived the discrepancies

- How an Importer was not able to claim under Insurance for damaged goods

- A surprise twist on how things can go wrong for both Seller & Buyer on a transaction using Incoterms DAP.

- How Importing under CIF can be risky

Why Choose This Course?

Master International Trade Finance: Get a firm grasp of the intricacies of international trade finance.

Navigate Global Trade with Confidence: Learn practical skills to handle the challenges of international business.

Boost Your Career: Enhance your trade finance expertise and open doors to new opportunities.

Stay Ahead of the Curve: Stay competitive in the dynamic global marketplace.

Flexible Online Learning: Learn at your own pace with convenient online modules and interactive content.

Who this course is for:

Importers

Exporters

Manufacturers

Traders

Insurers

Freight forwarders and carriers.

Business Analysts and Consultants of Trade Finance

Bankers, Finance and Banking Professionals

CITF Aspirants and Students of International Trade

Entrepreneurs and Small Business Owners Engaged in Global Trade

You'll get:

Lifetime Access to The Course

Fast & Friendly Support in the Q&A section

Are there any course requirements or prerequisites?

Basic understanding of Letters of Credit & Incoterms

Enrol today to become an expert in navigating pitfalls and traps in International Trade