Cara dan Alat Pembayaran Internasional | Ekonomi SMA kelas 11 | EDURAYA MENGAJAR

Summary

In this video, a narrator discusses various international payment methods used in trade, focusing on their father's experience as an importer. The father explains how payments can be made through methods such as bills of exchange, checks, and letters of credit, highlighting the importance of having a bank account in the exporter's country. Additionally, the video explores non-cash payments, including the use of goods and gold to settle transactions, emphasizing these methods help prevent inflation's impact on trade value. Overall, the video provides valuable insights into the complexities of international trade finance.

Takeaways

• 😀 International trade involves various payment methods beyond cash.
• 💰 A bill of exchange is a written order to pay a specified amount on a certain date.
• 📜 Importers can issue a promise to pay when receiving a bill of exchange from exporters.
• 🏦 Payment via checks requires importers to have a bank account in the exporter's country.
• ✉️ An exporter can cash a check at a designated bank once received.
• 📝 A Letter of Credit (LC) assures the exporter that a bank will pay them on a specified date.
• 🔄 Personal compensation can occur between importers and exporters within the same country.
• 🌍 Payment methods can also include goods and natural resources as currency.
• 🏅 Gold can be used as a payment method, based on its value relative to goods.
• 📈 Using gold helps protect against inflation and maintains the value of high-value items.

Q & A

What is the main focus of the transcript?

The transcript discusses various methods and tools for international payments used in import-export activities.

What is a 'bill of exchange' as mentioned in the transcript?

A bill of exchange is a written order used for making a payment, specifying a certain amount of money to be paid on a specific date.

How does the importer use a bill of exchange?

The importer receives an invoice from the exporter and issues a payment promise, sending it back to the exporter, who can then sell the bill if they need cash before the due date.

What is the role of a check in international payments?

A check is sent by the importer to the exporter, who can then cash it at a designated bank in their country, requiring the importer to have a bank account in the exporter's country.

What is a Letter of Credit (LC)?

A Letter of Credit is a document issued by a bank guaranteeing that a seller will receive payment for goods or services, provided that certain conditions are met.

What alternative payment method is mentioned in the transcript?

The transcript mentions personal compensation, which allows importers and exporters to settle debts within the same country by offsetting amounts owed.

Can goods be used as payment in international trade?

Yes, goods can be used as a form of payment, with their value being determined in relation to the monetary amount owed.

How is payment with gold conducted according to the transcript?

Payments with gold involve determining the value of a commodity relative to gold and making payments based on the current gold price to mitigate inflation risks.

Why is gold used in high-value transactions?

Gold is used to maintain value in high-value transactions and protect against the depreciation of currency due to inflation.

What takeaway does the speaker hope to provide regarding international payment methods?

The speaker hopes to educate viewers on the variety of payment methods available in international trade beyond just cash.