Tag: International Trade Definition
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Certificate Of Origin
Documents that may be asked for by the authorities of the importing country, as evidence of the country of manufacture of the goods….
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Economic Union
An agreement between two or more countries that allows the free movement of capital, labor, all goods and services, and involves the harmonization and unification of social, fiscal, and monetary policies….
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Gold Exchange Standard
A system of fixing exchange rates adopted in the Bretton Woods agreement. It involved the U.S. pegging the dollar to gold and other countries pegging their currencies to the dollar….
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Franchising
International Trade Meaning and Definition of Franchising Meaning of Franchising A parent company grants another independent entity the privilege to do business in a pre-specified manner, including manufacturing, selling products, marketing […]
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Eurobond
A bond that is (1) underwritten by an international syndicate, (2) offered at issuance simultaneously to investors in a number of countries, and (3) issued outside the jurisdiction of any single country….
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Discounting
Calculating the present value of a future amount. The process is opposite to compounding….
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Advance payment
Advance Payment is a Trading method in which the buyer pays for the goods before they are sent out , method is used when buyer is of unknown credit worthiness. It is applicable in International or domestic trade….
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Foreign Aid
International Trade Meaning and Definition of Foreign Aid Meaning of Foreign Aid A grant of money, technical assistance, capital equipment, or other assistance typically extended by richer nations to poorer nations.<div […]
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Expropriation
Legal Definition and Related Resources of Expropriation Meaning of Expropriation The compulsory purchase of land or other property of a person by a municipal or other governmental authority usually in return for fair compensation. The right to […]
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Devaluation
Financial Definition of Devaluation Meaning of Devaluation A decrease in the spot price of the currency. International Trade Meaning and Definition of Devaluation The official lowering of the value […]
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Euro
International Trade Meaning and Definition of Euro Meaning of Euro The single currency of the European Economic and Monetary Union (EMU) introduced in January 1999. EMU members are Austria, Belgium, Finland, France, Germany, Ireland, Italy, […]
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Export
Legal Definition and Related Resources of Export Meaning of Export To carry or send abroad to foreign countries in the way of commerce . To send from one country to another. Canton R. Co. v Rogan, 340 U.S. 511, 71 S.Ct. 447, 95 L.Ed. 488. […]