In international trade, a proposal that is made to a foreign individual or legal entity to enter into a contract, that is definitive in its terms, and that indicates the offer´s intent to be bound by acceptance. For example, and…
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A type of counter trade transaction, in an offset contract, which may be required by an importer´s government as a condition for approval of major sales agreements, the exporter makes an additional agreement to buy goods and services from the…
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Offshoring occurs, when a company moves all or some of its activities to another country. When the costs of running a company are cheaper in another country, the company may choose to move their activities or offices abroad in order…
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