Meng Fanhua

Work place: Management Department North China Institute of Science and Technology Yanjiao (Beijing-East), China

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Author Articles
The Impact of UCP600 on the Practical Teaching of International Trade Major and the Countermeasure to Cope With It

By Li Junfeng Meng Fanhua

DOI: https://doi.org/10.5815/ijeme.2012.06.05, Pub. Date: 29 Jun. 2012

The practical teaching is an important teaching process in professional education plan of international trade major. The pactice of L/C (letter of credit) settlement transaction is important content of practical teaching. The implementation of UCP600 brings new requirements for the credit business operation. About the new rules, we must make some adjustment in practical teaching of international trade in time. The paper analyzes the new changes of UCP600 comparing to UCP500, then analyzes the existing problems of international trade practical teaching. In final, the paper puts forward the countermeasures to cope with UCP600.

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