CREDIT
MEANING OF CREDIT Credit occurs when a seller grants permission to a buyer to take possession and enjoy a commodity with a promise to pay in the future. It is the process by which goods and services are transferred to…
FOREIGN TRADE DOCUMENT AND MEANS OF PAYMENT
TYPES OF INTERNATIONAL TRADE DOCUMENTS There are various documents which facilitate international trade. These documents are as follows: Consular invoice. Bill of lading. Certificate of origin. Shipping note. Airway bills. Indent. Ship manifest. Mate receipt. Freight note. Customs specification. Dock…
Study Guide
