International Business

Foreign Trade and Customs

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Foreign Trade and Customs

Foreign trade is the exchange of goods or service between two or more nations so that everyone can meet their needs both internal and external market. It is regulated by rules, treaties, agreements, and international agreements between countries to streamline their processes and seeks to meet domestic demand that can not be met by domestic production. One question that arises much in the race is: What is the difference between foreign trade and international trade … International trade incorporates global transactions of products?. An example of this is the price of oil, which is subject to a change in price because of international trade. While in foreign trade, it is a specific country or trading bloc that established trade relations with the rest of the world.

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This is one of the largest ship on the water today we can appreciate. 

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ACHIEVEMENTS OF GOOD LOGISTICS

FREQUENT DELIVERIES

• SMALLER PLACES.

• BETTER CHOICES.

• INCREASINGLY SHORT TERM CONCRETE

• JUST ON TIME

• IN REQUIRED QUANTITIES.

• DEFENDANT WITH QUALITY.

• AT MINIMUN COST.

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COMMERCIAL DISTRIBUTION CHAINS

This is the process of planning, implementing and monitoring an efficient and

Cash flow of goods and / or services and information concerning

the same, from the point of origin to the point of consumption,

In order to meet customer needs at the lowest cost

possible.

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Actors Foreign Trade:

In foreign trade, import or export, normally found four agents:

Exporter or Seller It is the person offering goods and / or services to potential buyers abroad.

Importer or Buyer He is interested in acquiring goods and / or services produced abroad.

Commercial banks Generally, in any operation of Foreign Trade, two banks involved in a documentary credit transaction involved. The Issuing Bank, which is the buyer's bank, and the advising bank or warning device, which is usually located in the seller's country. The latter adds many times its "confirmation", which happens to be the Confirming Bank Documentary Credit.

Regulators and Controllers Regulate and supervise foreign operations, such as the Central Bank Commerce, the Superintendency of Banks, Customs, the International Chamber of Commerce, etc. In the case of imports and exports we can find other participants such as transport companies , insurance companies, customs agencies and various government agencies, among many controls exercised sanitary type, quality, etc.

[usandres-blog]

Foreign Trade and Customs

Foreign trade is the exchange of goods or service between two or more nations so that everyone can meet their needs both internal and external market. It is regulated by rules, treaties, agreements, and international agreements between countries to streamline their processes and seeks to meet domestic demand that can not be met by domestic production. One question that arises much in the race is: What is the difference between foreign trade and international trade ... International trade incorporates global transactions of products?. An example of this is the price of oil, which is subject to a change in price because of international trade. While in foreign trade, it is a specific country or trading bloc that established trade relations with the rest of the world.