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UNIVERSIDAD AUTONOMA DE NUEVO LEON

FACULTAD DE CONTADURIA Y ADMINISTRACION PÚBLICA

INTERNATIONAL BUSINESS

OMAR GERARDO PUENTE OSTOS

ID: 1458994

GROUP: 3ZI

BUSINESS 3

PARTIAL GUIDE

EXPORTING

23 DE SEPTIEMBRE AT CD UNIVERSITARIA DE NUEVO LEON
PARTIAL GUIDE PART 1

- Inconterms
R.- International Commerce terms

- EXW
R.- exworks, when the buyerpicks up the material at the seller place

- FCA
R.- free carrier, when the buyer picks the material at a set place

- FAS
- R.-Free alongside ship, when the material is picked at the dock

- FOB
R.- free on board, when the material is picked at the dock and put on the boardship

- CFR
R.-Cost and freight when the seller pays for the main carriage(ship)

- CIF
R.-Cost , insurance and freight, when the seller pays the insurance and the main carriage (ship)

- CPT
R.-Carriage paid to, Seller pays carriage until a set place

- CIP
R.-Carriage ands insurance paid to, seller pays insurances and carriage until a set place

- DAF
R.-Delivered at frontier, the material is delivered by the sellerat the border

- DES
R.- Delivered ex ship, Seller pays the customs cost

- DEQ
R.-Delivered Ex quay, the seller has not responsibility of the custom cost

- DDU
Delivery Duty unpaid, Seller is responsible for the shipping at the custom and the seller has to pay

- DDP
R.-Delivery Duty Paid, the seller delivers the merchandise at the custom andthe buyer is responsible to pay

- Letter of Credit
R.- Payment instrument trough which a bank as customer request, makes a payment to a third party or to accept payment letters released by the beneficiary

- Chamber of commerce
- R.- Independent organization, non profitable, dedicated to the commercial service of over 130 countries

- Contract
R.- Agreementsthat produce or transfer obligations

- Types of Contracts
- Purchase and sale, of Supply, of Distribution, licensing, engineering, service, franchise

- Importation
R.- Buy a product from a person in a foreign country

- Exportation
R.- Sell a product to a person in a foreign country
- Characteristics of Exportation

- Definitive ExportationR.- Entrance of a product from a foreign country to its consume in Mexico

- Temporal Exportation
R.-Temporary entrance of a product from a foreign country with the end of returning to a foreign country
- Why is so important to know the market

- Copyrights
R.- is the right to reproduce a certaing product or brand

- Insurance
R.- protection paid to acertain company or individual to protect against any damage or lost of merchandise in the transportation process

- Packing list
R.- Document that allows the carrier to identify the content of any box or bulk where the merchandise is contained
- FRC

- Compex
R.- Comision mixta para la primocion de exportaciones, federal power auxiliar in charge of the promotion of theexportations

- Benefits of Exporting
R.- increase in the selling range, better position in the market, international recognition

- Which language should any documents be written?
English, French or Spanish

- Carrier
R.- Company or individual Hired either by the importer or the exporter to transport the merchandise

- Who sign the bills?
R.- thelegal representative of the enterprise

- Goods
R.- Phyisical products that are involved in the exportation process

- Classifications of Goods
R.- Totally from Origin, Tariff jump, minimis, Regional content value

- Tariff products & types
Product that due to its nature pay tariffs to be either imported or exported

- Non tariff products
R.-...
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