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International trade
The buying and selling of goods, services and capital across international borders or territories.
Industry: Economy
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International trade
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Economy; International trade
A trade arrangement in which goods are shipped to a foreign buyer without guarantee of payment. The obvious risk this method poses to the supplier makes it essential that the buyer's integrity be ...
Marine insurance
Economy; International trade
Insurance that compensates the owners of goods transported overseas in the event of loss that cannot be legally recovered from the carrier. Also covers air shipments. Compare Credit risk insurance.
Open insurance policy
Economy; International trade
A marine insurance policy that applies to all shipments made by an exporter over a period of time rather than to one shipment only.
On board bill of lading
Economy; International trade
A bill of lading in which a carrier certifies that goods have been placed on board a certain vessel.
Order bill of lading
Economy; International trade
A negotiable bill of lading made out to the order of the shipper.
Marking
Economy; International trade
Letters, numbers, and other symbols placed on cargo packages to facilitate identification.
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