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FrançaisAn individual or firm that acts as an intermediary, often between a buyer and seller, usually for a commission. Related to international trade services there are three specific kind of brokers: Commercial or merchandise broker: an individual or firm that…
Read MoreBrokerage agreement
A type or contract, whereby a person or company acts as a sales agent on behalf of the exporting company (principal), introducing its products to potential buyers in the external market, in exchange for a commission based on the value…
Read MoreBureau International des Expositions (BIE)
The International Exhibitions Bureau, was established by the Paris Convention of 1928. BIE is an international organization that regulates the conduct and scheduling of international expositions of a non-commercial nature in which foreign nations are officially invited to participate. See…
Read MoreBusiness culture
Culture is a key component in business and has an impact on the strategic direction of business. Culture influences management decisions and all business functions from accounting to production. International managers doing business in a foreign country need to have…
Read MoreBuying agent
An agent who purchases goods on behalf of foreign buyers. The buying agent represents and buy a specific kind of products within a specific territory, which can be a country or multiple countries. The responsibilities of the Buying Agent may…
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