Foreign commerce trade
State three basic documents which are essential in order to conduct the typical foreign commerce trade? Discuss briefly the purpose of each.
Expert
Three basic documents which are essential in order to conduct typical foreign commerce trade are: time draft, letter of credit, and a bill of lading. Letter of credit (L/C) is a guarantee from the importer’s bank which it will act on behalf of the importer and pay exporter for the merchandise in case all the relevant documents specified within the L/C are presented in accordance with the terms of L/C. Time draft is a written order instructing the importer or his agent, the importer’s bank, to pay amount which is specified on its face on the particular date. Bill of lading (B/L) is the document which is issued by the common carrier specifying that it has received goods for shipment; it can also serve as title to the goods.
What were the goals of Social Democrats? What did Anarchists want?
Explain, how economic well-being of a country is improved through free international trade in the goods and services?
List some factors which are responsible for recent surge in the international portfolio investment (IPI)?
Distinguish between the parallel loan and the back-to-back loan.
Due Diligence:1. General: Assess of prudence, accountability, and diligence which is expected from, and ordinarily exercised by, a reasonable and prudent person beneath the situations.
Compare and discuss the hedging transaction exposure by using the forward contract vs. money market instruments. When the optional hedging approaches do creates the same result?
Discuss the Vernon’s product life-cycle theory of the FDI. Specify the strength and weakness of theory?
State the characteristics of the Dual currency bonds market instrument.
Uncertainty of the exchange rate does not essentially means that the firms face exchange risk exposure. Explain this scenario.
Describe the procedure of bringing the new international bond issue to the market.
18,76,764
1933061 Asked
3,689
Active Tutors
1428444
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!