INTL303W2018

Group Project 2

20% of the final grade

You and your team members work in the business development office of a Canadian firm that imports and exports products or raw material from an overseas supplier or exports its products to an overseas customer.The CEO has assigned your team the task of describing in complete detail an example of a container load of product either being imported to the company or the company exporting a container load of product to a customer.

Your proposal should include the following:

a.an overview of your company and the overseas supplier or customer

b.a thorough explanation of the following:

Trade Risks: product, finance, currency, and commercial risk. Outline measures you will put in place to mitigate risk

Risk Assessment: political, country'sadverse businessand economical risk- some or all may or may apply depending on the source or target country. Outline measures you will put in place to mitigate risk

Methods of Payment available to you

Currency Risk Management - how your company will benefit, an analysis if there is a shift in currency rate how will this shift affect your business more so price of your product. Outline measures you will put in place to mitigate risk

Trade Finance

Terms of Payment

Contingencies in place in the event there is a break down in relationship between yourself and the supplier/customer or delays incurred

c.Prepare a cash flow to support your trade finance and method of payment

d.Prepare a commercial invoice placing your order to your new supplier

e.Prepare the bill of lading

f.Assume the bank is providing trade finance:

prepare the letter of credit that your bank would have sent to your new supplier's bank

Points of Detail

• Please use appropriate heading for each question
• Word count 3,000- 3,500
• At least three research references in your bibliography

Please use rubric to maximize your grade

A late penalty of 10% per day will be levied.

• Include at least two references resources other than your text.
• Prepare this assignment according to the APA guidelines found in the menu (A template is located in the course document menu).