Quotation for a prospective overseas buyer


Question 1: Describe what an insurance guarantee is and elucidate when it must be set up.

Question 2: Illustrate the role of a Credit Controller.

Question 3: Describe the concept of transferable credit.

Question 4: When preparing a quotation for a prospective overseas buyer what necessary elements should be comprised?

Question 5: Describe the purpose of a banker’s indemnity in the case of shipped goods.

Question 6: Describe:

a) Red clause credits
b) Standby credits

Question 7: The huge amount of international debt facing developing countries impacts significantly on trade. Illustrate it.

Question 8: Fundamentally, exporting costs do not diverge greatly from home market costs. Illustrate.

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Macroeconomics: Quotation for a prospective overseas buyer
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