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FrançaisA bill of exchange drawn by the exporter/seller on the importer/buyer of goods sold, and accepted by such purchaser. See bill of exchange.
Read MoreTrade Act
In U.S. Law legislation granting the President broad authority to enter into international agreement to reduce import barriers. Major purposes are: Protect American industry and workers against unfair or injurious import competition. Provide adjustment assistance to industries, workers and communities…
Read MoreTrade barriers
An impediment to trade, often included in one of the following classifications: Import policies (tariffs and other import charges, quantitative restrictions, import licensing, and customs barriers). Standards, testing, labelling, and certifications. Government procurement. Export subsidies. Lack of intellectual property rights…
Read MoreTrade deficit
A nation´s excess of imports over exports over a period of time.
Read MoreTrade documents
Paper documents (or electronic files) used in international trade that prove that certain events have taken place. For convenience, the documents commonly used in international trade may be grouped by function into five categories: Commercial: the invoice and packing list….
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