How trade works

Lessons

Start with Lesson 1. Level 1 · Basics lessons build the idea from zero; Level 3 · Deep dive lessons look at Bangladesh in depth.

1. 1

   Why countries trade

   Why Bangladesh sells shirts and buys wheat, explained with a neighbourhood, a tailor and a biryani pot.

   Level 1 · Basics
   ✓ Done
2. 2

   Who's who in a trade deal

   A trade deal looks like two people, a buyer and a seller. Behind them stands a whole cast: banks, carriers, agents, insurers and rule-keepers.

   Level 1 · Basics
   ✓ Done
3. 3

   The journey of one shipment

   Follow one container of T-shirts from a factory in Gazipur to a shop in Germany, and the money all the way back.

   Level 1 · Basics
   ✓ Done
4. 4

   Ways to get paid

   Advance payment, letter of credit, documentary collection and open account: four ways to pay across borders, and who carries the risk in each.

   Level 1 · Basics
   ✓ Done
5. 5

   Money across borders

   How a dollar travels from Hamburg to Dhaka without anyone carrying a suitcase, why exchange rates move, and why foreign exchange has rules.

   Level 1 · Basics
   ✓ Done
6. 6

   The papers that move trade

   Invoice, packing list, bill of lading, certificate of origin, insurance, and Bangladesh's own EXP, IMP and Bill of Entry: who issues each, and why it matters.

   Level 1 · Basics
   ✓ Done
7. 7

   Bangladesh in world trade: drivers, players, problems and the way forward

   Coming soon.

   Level 3 · Deep dive