Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
- 3rd side (hint)
|
What is international trade? |
Exchange of capital, goods and services across international borders. |
Exchanging |
|
|
International trade may invovle |
-A seller -A buyer -banks -An agreed product or services -sales contract -shipping and delivery agreement -terms of payment -required documentation -insurance coverage |
Involves |
|
|
Factors affecting international trade- government policies |
I.restrictive government policies ii.currency exchange controls iii.tariffs iv.quota restrictions V.export\import incensing requirements Vi.Trade embargoes Vii.Anti-dumping legislation Ix. Pre-shipment inspection X.polices on hazardous goods Xi.taxation |
Affection |
