This book is designed for any post-secondary course on the practice of international trade in goods from an Australian trader's perspective. It assumes no prior background knowledge and covers all the basic processes, documents, regulations and payment systems, not to mention numerous pitfalls. It provides detailed discussion of customs and quarantine, Incoterms, valuations of goods, letters of credit, bills of lading, cargo insurance and so on. It has been fully updated and substantially expanded, particularly focusing on the significant new barrier control processes introduced during 2004 for exports and 2005 for imports. It also covers the latest material on national security for goods movement by both sea and air.