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8 Cards in this Set
- Front
- Back
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foreign-trade zones ( FTZ's ) |
Where products are produces mostly for exporting purposes
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Common Commerical Policy ( CCP ) |
Some rules for exports and imports whoose aim is to liberalise world trade |
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Bill of lading |
a detailed list of a shipment of goods in the form of a receipt given by the carrier to the person consigning the goods |
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non-tariff |
Non-TariffMeasures (NTMs)" are trade barriers that restrict imports, but are unlike the usual form of a tariff; And Tariff Barriers restricts Exports. |
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tariff |
a tax or duty to be paid on a particular class of imports or exports.The introduction of Value Added Tax in July 1999 enabled the government to remove tariffs and import duties. Non-tariff barriers to trade include import quotas, special licenses, unreasonable standards for the quality of goods, bureaucratic delays at customs, export restrictions, limiting the activities of state trading, export subsidies, countervailing duties, technical barriers to trade, sanitary and phyto-sanitary measures, rules of origin, etc. Sometimes in this list they include macroeconomic measures affecting trade. |
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<Letters of credit |
Shifts the buyers credit risk to bank issuing the LC |
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foreign-freight forwarder |
a company that helps other companies in transportation and export/import matters |
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