International Transaction
Negotiation that takes place between natural and legal persons
International acceptance documents.
Delivery note
⦁ Tariff
⦁ Certificate of inspection
⦁ Commercial invoice
bill
Credit note
⦁ Cargo manifest
Difficulties
⦁ The costs for those affected amount to thousands and must be paid by the exporter
⦁ The cost of interest must be paid as a result of late payment
⦁
Loss of credit insurance coverage.
International Contracts.
single document in which the rights and obligations of the exporter and importer are recognized
Obligations of the parties to a contract
Obligations of the buyer
⦁
Delivery of the goods
Obligation of the seller to deliver the goods royalty-free
⦁ Transmit ownership of the goods.
⦁ Pay the price and receive the goods
⦁
Examine the merchandise and communicate, where appropriate, its lack of conformity.
The actions and rights
price reduction, for the buyer.
Specification of the goods, for the seller
rectification of any lack of conformity, for the seller
Conflict resolution. Mechanisms and alternatives
Courts of justice
Arbitration
The conciliation
Mediation
The two most used formulas
Arbitration.
Courts of justice
alternative dispute resolution system to the courts of justice, established by Arbitration Courts that depend on various agencies (Chambers of Commerce mainly) or by individual arbitrators chosen by the parties, culminating in a resolution called award, which has equal legal value and enforceability than a sentence issued by a court of law.
Types of contracts.
Buy and sell
Commercial agency
printed text with the general conditions of sale
most frequent collaboration agreement between entrepreneurs from different countries.
Technology transfer
It helps a person or organization to access and use new supplies, equipment or processes
Franchise
contract, whether oral or written, submitted for consideration, whereby a person allows the distribution of goods or services under their trademark
Applicable Law and Jurisdiction
The INTERNATIONAL SALE PURCHASE CONTRACT is the main legal framework for international trade operations.
Stages in contract negotiation
begins to form from an offer
The acceptance of the offer will take effect at the moment in which the indication of settlement reaches the offeror within the deadline that it has set.
Financing and International Operations
Finance system
set of institutions, markets and specific distribution techniques capable of creating the monetary instruments that are necessary for the expansion of an economy
Financial intermediaries
task of collecting, managing and directing savings efficiently for the economic system.
International organizations
world Bank
International Monetary Fund
fight poverty for lasting results and help people help themselves and the environment
cooperation institution grants loans to member nations that have difficulties in fulfilling their external financial obligations
Monetary Fund Financial Assistance
It only grants loans to member countries with payment problems, that is, they do not receive enough foreign currency to pay what they acquire abroad.
Dumping
sell a good to
external buyers at a price that is lower
Provisional measures
may take the form of a provisional right
Anti-dumping duty settlement.
determination of the existence of significant damage
Subsidies
It is the way the State has to financially support a given
sector, in order to make a good less expensive
Primary products.
Goods sold (for consumption or production) in the
state in which they are found in nature
Industry and commerce ministry
administrative procedures of
compliance with the provisions and powers established
cost
Normal Value: is the sale price in the domestic market
Financial budget
economic and financial resources
necessary to develop or carry out the activities
Margin of gain
utility that is obtained in a type operation
commercial.