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

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.

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.