At the outset both the authors were Professor of great resources at the Indian Institute of Foreign Trade, New Delhi for most of their academic life. Both were known as brain and authority behind the potential of IIFT. I had the opportunity of studying under both the Professors during 1974-75.1 remember once having said, "we the students dont find any book for reference on all what is taught at IIFT". The expertise in International Trade requires knowledge in various activities from International marketing, Economics, Market Potentials Logistics, Documentations, Govt. Authorities, Insurance complexes, Banking regulations, Incentives, Exim policy, Trade agreements, Market Promotion Avenues, Export Promotion Zones to payment terms, and Legal Resources . The list may be quite lengthy and need to be updated.