purchasing powera. a subsidiary company controlled by anotherb. all forms of man-made obstructions to international trade otherthan tariffs, including prohibitions and quotas, etc.c. capacity that can move or be moved easily and quickly from place to placed. of persons, the public, having the money to buy goods and servicese. large-scale public services, such as water and power supplies, road, rail and radio communications, etc. needed to support economic activity, esp. industry, trade and commercef. pay back to somebody for the expenses he has spentg. the theory of the system of developing home industries through duties and other means imposed on competitive importsh. an offer whose terms and conditions are binding on the offereri. what is printed on the outer packing of goods as symbol for identification in the course of transportationj. a document used for covering possible risks

clean credit

offeree

intellectual property

joint venture

gold reserves

What are the 3 major functions of bill of lading?

Explain briefly the following terms: applicant; opening bank; beneficiary; advising bank; confirming bank.

What are the advantages of counter trade?

What is documentary collection? Point out the different types of it.