国际商务英语
历年真题
securities
beneficiary
clean credit
IFC
What may happen if a contracting party fails to fulfill his obligations?
What is a commercial invoice?
What is an international turnkey project?
How do you understand FDI?
Various methods of payment have been developed to cope with different situations in international trade.When the political and economic situation in the importing country makes payment uncertain or when the buyer's credit standing is dubious,the exporter may prefer cash in advance or partial cash in advance.
Members of a free trade area remove barriers to the flow of goods and services among themselves while each member still adopts its own policy as regards to trade with outsiders.In other words different members may have different tariff rates or quota restrictions.Consequently,non-member countries may take advantage of this situation and try to enter the market of the area from the member country with the lowest barrier.
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