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Unformatted text preview: Import Export Agenda- Issues- Steps in the export process- Some facets of transactions- The basics of payments and pricing- Control, security and compliance Exporting issues- Cost- Exporting from home country may be expensive due to transport costs and tariffs. Also terms of sale determine who is taking responsibility of different facets of the transaction.- Trust- Why payments and documentation are so important- Can also be an issue with agents and distributors- Strategy- Proactive/reactive- Buy in- Exports require volumes of specialized paperwork and knowledge Initial steps in the export process- Market research- Country research- Export control research- Payment methods- Terms of sale, including INCOTERMS- Shipping your product Basic transaction documents- Pre-shipment documents- Pro forma invoice or purchase order- Main commercial documents- Transport document (B/L, OBL, or AWB; some are negotiable)- Commercial invoice - Packing list- Insurance policy or certiFcate- Optional certiFcates- Arrival documents- Arrival notice- Customs entry INCOTERMS...
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This note was uploaded on 12/11/2011 for the course INTBUS 200 taught by Professor Tuli during the Fall '11 term at Wisconsin.
- Fall '11