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Dictionary of International Trade

A B C D E F G H I J K L M N O P Q R S T U V W Y Z
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Re- Rec Red Ree Reg Rei Rem Rep Req Res Ret Rev

Request for quotation (RFQ)

A negotiation approach whereby the buyer asks for a price quotation from a potential seller/supplier for specific quantities of goods (or services) to specifications the buyer establishes in the request for quotation letter.

Also called request for proposal (RFP). Model of Request for Quotation Letter.

Related entries

  • Zero-sum game
  • Win-win strateg
  • Win-lose strategy
  • Value for money (VFM)
  • Unique selling proposition (USP)
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Dictionary of International Trade

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Dictionary of International Trade

Key definitions of over 1500 useful international trade terms. More than 1000 weblinks and 500 acronyms and abbreviations

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