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6 Cards in this Set
- Front
- Back
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export restrictions
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controlled by the bureau of industry and security (BIS)
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letter of credit
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afford the greatest degree of protection for the seller
not a guarantee of payment |
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bills of exchange
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dollar drafts
seller assumes all risk |
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forfaiting
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the seller makes a one time arrangement with a financial institution to take over responsibility for collecting
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customs privileged facilities
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goods can be important with tariffs and quota limits postponed until the product leave the areas
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foreign freight forwarder
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arranges for the shipment of goods
does everything |
