10 Terms
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International trade
The buying and selling of goods, services and capital across international borders or territories.
Industry: Economy
Add a new termContributors in International trade
International trade
Cash with order
Economy; International trade
Payment for goods in which the buyer pays when ordering and in which the transaction is binding on both parties.
Booking
Economy; International trade
An arrangement with a steamship company for the acceptance and carriage of freight.
Air waybill -
Economy; International trade
A bill of lading that covers both domestic and international flights transporting goods to a specified destination. This is a non-negotiable instrument of air transport that serves as a receipt for ...
Bill of lading
Economy; International trade
A document that establishes the terms of a contract between a shipper and a transportation company under which freight is to be moved between specified points for a specified charge. Usually prepared ...
Barter
Economy; International trade
Trade in which merchandise is exchanged directly for other merchandise without use of money. Barter is an important means of trade with countries using currency that is not readily convertible.
Alongside
Economy; International trade
The side of a ship. Goods to be delivered "alongside" are to be placed on the dock or barge within reach of the transport ship's tackle so that they can be loaded aboard the ship.
Balance of trade
Economy; International trade
The difference between a country's total imports and exports. If exports exceed imports, a favourable balance of trade exists; if not, a trade deficit is said to exist.
