ABSTRACT
This chapter provides a general discussion of international trade and international leasing. It explains the concepts and different forms of counterleasing in comparison with countertrade. The chapter discusses the inclusion of leasing in the balance of payments and proposes a new form of the balance of payments. Many international banks and other non-bank financial institutions have also increasingly engaged in overseas leasing business. International leasing has been used as a means to support cross-border trade. A favourable climate of international trade will provide potential opportunities for developing international leasing, and the development of international leasing will promote the growth of international trade. Information of the balance of payments is useful to international lessors in planning strategies and making decisions. Traditionally, international trade consists of exports: sales of home country products to foreign buyers; and imports: purchases of goods from abroad.
