International Business (am I correct) plz advis

posted by .

In the following matrix, you will identify who requires a specific document to be completed or where the document needs to be filed. You will also give a short description of the document’s purpose in the importing process. Am I correct?

letter of credit= buyer’s bank

air waybill= air carrier

pro forma invoice= bank

shipper’s export declaration= Department of Commerce

general export license=?

validated export license= Department of Commerce’s Office of Export Administration

export bill of lading=?

insurance certificate=?

commercial invoices= Some importing countries
require the commercial invoice to be in their language and to be visaed by their local consul.

consular invoices=purchased from the consul

certificates of origin=issued by the local chamber of commerce and visaed by
the consul.

inspection certificates=required by buyers of grain,foodstuffs, and live

  • International Business (am I correct) plz advis -

    letter of credit= A letter of credit (LC) originates at a bank, and guarantees that a seller will receive payment of a set amount, at a set time, from a buyer as agreed upon.

    air waybill= An air waybill (AWB) is a shipping contract of sorts, between the seller and the carrier that is filled out at the time of shipping.

    pro forma invoice= A pro forma invoice is a document that a buyer requests that contains description of the merchandise, price, delivery time, method of shipping, terms of sale, and points of exit and entry.

    shipper’s export declaration= A shipper’s export declaration (SED) is required by the Dept. of Commerce in order to control export and supply export stats.

    general export license= A general export license is issued for any product that does not require a specific license and does not require a further application for the good.

    validated export license= A validated export license is required by the U.S. government. This license is required when exporting strategic materials, or anything into unfriendly countries.

    export bill of lading= An export bill of lading (B/L) is a document that a transportation company or carrier issues to a shipper.

    insurance certificate= An insurance certificate is proof that insurance is in place prior to shipping. This insurance can originate with either the buyer or the seller.

    commercial invoices= A commercial invoice is required by buyer before payment for goods is rendered to the seller.

    consular invoices= A consular invoice is purchased from the consul, prepared in the language of the country, and then visaed by the consul.

    certificates of origin= A certificate of origin is usually issued by the local chamber of commerce and visaed by the consul.

    inspection certificates= Inspection certificates are issued by the Department of Agriculture in the U.S.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. business communication 1

    the appearance of a document can do all of the following except. a establish rapport with the audience. b guide your reader attention. c substitute for the written text in the document. d build goodwill.
  2. citation of UNEP PDF online assessment/report

    How would I cite a document from the UNEP website?
  3. com 140

    Explain the steps for double spacing and inserting a Header in Word. Which guideline in Chapter 1 of the Axia Writing Style Handbook was the most surprising to you?
  4. Document and visual design

    Why is it important to have a clearly designed document?
  5. Social Studies

    Document Based Question Essay Question: The debate over the extent of federal power with regard to the states dominated the political scene the first twenty years of the post-Revoluntionary War United States and would set the stage …
  6. ENGL

    List a few different genres in which you write (such as academic papers, text for social networks, business documents, diary entries, or poetry), select one, describe the specific kind of document you typically produce, and then discuss …
  7. Business English

    The appearance of a document can do all of the following except: a. establish rapport with the audience. b. guide your readers' attention. c. substitute for the written text in the document. d. build goodwill
  8. Math Mrs.sue

    according to one count , the letter e makes up 1/8 of a typical document written in English a document contains 2800 letters . about how many letters in the document are not e ?
  9. Teaching in Early childhood progras

    1)When children rely on outside controls to guide their actions, they're operating at the _______ level of self-regulation. A. adherence B. amoral C. internalization D. identification 2)Which statement most accurately describes the …
  10. Educational Tech

    If you have a document that is relevant to more than one folder on your computer, what should you do?

More Similar Questions