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Additional info for The Exporter's Handbook
13. An increase in the price of imports affects local prices: (A) Through stagflation: rising prices and falling output (B) Expensive imports lead to increased demand for domestic products 14. The price feedback effect Inflation in one country is exported to another and then re-exported to the first 15. The demand and supply for currencies Firms, households and Government that import / export Tourists in / out the country Buyers of stocks, bonds or other financial instruments in / out the country Investors in / out the country 46 46 Speculators who bet with / against a currency 16.
CFR, CIF Only by sea! A8 demands bill of lading / sea waybill If Buyer wants to sell in transit - he will be unable because of lack of the right document breach of seller 19. CIF, CIP Minimum Cover vs. all risk and political 39 39 Appendix III – More about Modes of Payment SIGHT DRAFT (=COD) - DOCUMENT AGAINST PAYMENT - Original shipping document attached CB (collecting bank) - Original bill of lading made to the order of the shipper and endorsed by him blank, or to the order of CB - Notification to drawer of draft about payment TIME DRAFT - Like sight drafts but paid X days after acceptance - The CB holds and presents for payment BANK GUARANTEE dependent on underlying obligation or independent (=note) - Bid bonds dependent - Performance bonds dependent - Advance Payment bonds dependent - Payment Bonds independent but with recourse and stoppable by court injunction LOCs DLC - Documentary FLC - Financial SLC - Standby - CLEAN (Self-contained) - REGULAR (Dependent on an event) FACTORING AND FORFAIT / EMC COLLECTION CREDIT PROTECTION FINANCING (=LOAN / Credit line) on Approved Accounts Recourse Factoring: Collection + Financing How to choose a Factor?
Place light cargo on heavy cargo. ) Do not leave any space between the wall of the container and the 32 32 VI. ), statistical classification - Description of goods according to type, quality, special properties, composition in percentages of each material - Amount of goods in units / weight / volume - Gross, net and net net and measurements of each package - The price agreed between the parties, costs of freight and insurance - Conditions of shipment, dispatch and payment, including all discounts, fees, commissions and charges - Exporter number if any - Stamp and signature of seller plus declaration that all the above is true Packing List (Specifications) The first part includes name of firm, date, address of buyer and, sometimes name of bank, payment conditions, etc.