Flashcards in Chapter 16 Deck (15):
What would be included on a "best prospects" list supplied by the US Department of Commerce?
Name of potential distributor in a foreign market
Products sold by potential distributors in a foreign market
The Service Corps of Retired Executives is an organization within the
Small Business Administration
This consists of trade attorneys who provide advice on matters involving exporting
The export legal assistance network
A confirming house is sometimes referred to as a
These represent foreign companies that want to buy your products. Typically, that try to get the products they want at the lowest prices and are paid a commission by their foreign clients.
Confirming houses, aka buying agents
When one firm distributes another firm's products because it does not carry that particular product, it is using _______
Which organization oversees volunteers who have international trade experience and who use this experience to provide one-on-one counseling to active and new export businesses?
Service corps of retired executives
The bill of lading acts as (3)
A document of title
A letter of credit is requested by the ____ from a bank
Three forms of countertrade
This type of agreement involves taking a percentage of a company's output as partial payment
They are mainly in business to orchestrate transportation for companies that are shipping internationally. Their primary task is to combine smaller shipments into a single large shipment to minimize the shipping cost
This offers services to companies that have not previously exported products. They offer a full menu of services to handle all aspects of exporting
An export management company (EMC)
This occurs when a firm agrees to purchase goods from any firm in a country where a sale has been made with a percentage of the proceeds from an original sale