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INTERNATIONAL MARKETS (BARRIERS TO INTERNATINAL TRANSACTIONS AND THE…
INTERNATIONAL MARKETS
BARRIERS TO INTERNATINAL TRANSACTIONS AND THE ADVANTAGES OF FREE TRADE
DUMPING
CULTURAL AND SOCIAL BARRIERS
MONETARY BARRIERS
BLOCKED CURRENCY
BOYCOTT
SPECIAL STANDARDS
INCREASE SALES AND PROFITS
STABILIZE SEASONAL MARKET FLUCTUATIONs
REDUCE DEPENDENCE ON DOMESTIC MARKETS
TO PROMOTE YOUR OWN MARKET SHARE
MAINTAIN COS COMPETITIVENESS IN YOUR DOMESTIC MARKET
ENHANCE POTENTIONAL FOR EXPANSION OF YOUR BUSINESS
INTERNATIONAL MARKETS AND THE ORGANIZATIONS
STOCK MARKET
INTERNATIONAL CAR MARKET
MERCOSUR ( ARGENTINA, BOLIVIA, BRAZIL, CHILE, PARAGUAY, URUGVAY)
NORTH AMERICAN FREE TRADE AGREEMENT
WTO
EUROPEAN UNION
STAGES OF BUSINESS TRANSACTION
INCOTERMS
ARE A SET OF RULES FOR THE INTERPRETATIONOF THE MOST COMMONLY USED TERMS IN FOREIGH TERMS (LANGUAGES)
STAGES
LETTER OF ENQUIRY
A BUYER RECEIVES SEVERAL QUATATIONS FROM POTENTIONAL SUPPLIERS
A BUYER CHOOSES A SUPPLIER
A BUYER SENDS A LETTER OF ORDER
A SELLER SENDS AN ADVICE NOTE
INVOICE
CREDIT / DEBIT NOTE
STATEMENT
CHEQUE
PAYMENT METHODS
PREPAYMENT
LETTER OF CREDIT
SIGHT DRAFT
TIME DRAFT
CONSIGNMENT
OPEN ACCOUNT
GLOBALIZATION
DISADVANTAGES
SOME COUNTRIES ARE DIFFICULT TO COMPETE
A THREAT OF LOSING CULTURAL NATIONALITY
ADVANTAGES
EASIER ACESS TO PROPERTIES AND COMMODITIES
CHEAPER PRICES FOR PRODUCTS AND SERVICES
INCREASED COMPETITION
PRODUCERS CAN DIVERSITY THEIR MARKET
HAVE A POSSIBILLITY TO FIND INFORMATION ANYWHERE IN THE WORLD