International trade

International trade

The buying and selling of goods, services and capital across international borders or territories.

Industry: Economy

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International trade

Perils of the sea

Economy; International trade

A marine insurance term used to designate heavy weather, stranding, lightning, collision, and sea water damage.

Parcel post receipt

Economy; International trade

The postal authorities' signed acknowledgment of delivery to receiver of a shipment made by parcel post.

Packing list

Economy; International trade

A list showing the number and kinds of items being shipped, as well as other information needed for transportation purposes.

Quota

Economy; International trade

The quantity of goods of a specific kind that a country permits to be imported without restriction or imposition of additional duties.

Quotation

Economy; International trade

An offer to sell goods at a stated price and under specified conditions.

A bill of lading (B/L) indicating that the exporter consigns a shipment to an international carrier for transportation to a specified foreign market. Unlike an inland B/L, the ocean B/L also serves ...

Licencing

Economy; International trade

A business arrangement in which the manufacturer of a product (or a firm with proprietary rights over certain technology, trademarks, etc.) grants permission to some other group or individual to ...