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The meaning of the agreed quantity of goods
The Significance of Agreed-upon Product Quantities
When businesses enter into contractual agreements with each other, there may be certain stipulations that both parties must fulfill in order to satisfy the agreement. One of these stipulations may involve agreeing on a certain quantity of goods o......
19/07/2023 
1027 
Liam
third country dumping
Dumping is a situation when an exporting country (or a company in the exporting country) sells the goods in another country at a price lower than the domestic price or the price in the international market. In the world trade, dumping is considered as a violation and is prohibited by many bilatera......
third party bill of lading
Workplace Diversity
In modern society, the workplace is becoming increasingly diverse. Companies are filled with people of different racial, ethnic and socio-economic backgrounds, and companies need to be prepared to embrace this diversity. Diversity in the workplace can provide businesses with a......
tokyo round
Tokyo is the capital of Japan, one of the most populated cities in the world. With a population of over 13 million, Tokyo is one of the most vibrant and fascinating cities in the world. Tokyo has something for everyone, from busy streets, to vast parks, and even traditional Japanese temples.
The ......
transaction risk
Introduction
International trade is one of the predominant forces in the world economy. It has created prosperity for the world and enabled countries to specialize in certain industries and develop expertise. Despite the many benefits of international trade and commercial exchange, it also comes ......
tenders and tenders
TENDERING AND BIDDING
Tendering and bidding are two distinct processes used to procure products and services in the construction and related industries. Tendering is the process of making a request or offer for a job. Bidding is the response to the tender. Each process can involve complex and cos......
Temporary import of goods
Temporary Imported Goods
The concept of temporary imported goods means goods imported into a country regardless of their origin, with the ultimate purpose of re-exporting them in their original form, without having been subjected to any manufacturing, processing or repairs in the host country. Th......
trade diversion effect
Having become aware of the inevitable reality of globalisation, changes in the general system for world trade have become increasingly commonplace. As the global market is becoming more interconnected, understanding the impacts that this movement of goods and services has on consumers, nations, an......
trade diversion
Trade Transfer
Trade Transfer is a term used to describe a type of international business transaction in which goods, cash, or both are exchanged between countries or entities. The two primary types of trade transfer are a market clearance and a market transfer.
Market clearance is the most c......
trade balance
Start
The concept of trade balance is one of the key concepts in the field of international economics. Trade balance refers to the calculation of the total value of a countrys imports and exports, and the degree to which they are in balance. A countrys trade balance is commonly measured by the ba......
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