What are some common words used in international trade?
In international trade, there are many English words and phrases that are used on a regular basis. Here are some of the most common:
- Export
- Import
- Freight
- Customs
- Documentation
- Logistics
- Incoterms
- Quotation
- Invoice
- Payment terms
How do you say \"export\" and \"import\" in Chinese?
\"Export\" in Chinese is 出口 (chūkǒu), and \"import\" is 进口 (jìnkǒu).
What is the meaning of \"freight\" in international trade?
\"Freight\" refers to the cost of shipping goods from one place to another. It can include the cost of transportation, insurance, and handling.
What is \"customs\" in international trade?
\"Customs\" refers to the government agency responsible for regulating the import and export of goods. Customs officials are responsible for collecting taxes and duties, enforcing regulations, and preventing the illegal transportation of goods.
What documents are required for international trade?
There are several documents that are required for international trade, including:
- Commercial Invoice
- Packing List
- Bill of Lading
- Certificate of Origin
- Insurance Certificate
- Customs Declaration
What do \"Incoterms\" mean in international trade?
\"Incoterms\" are a set of standardized rules that define the responsibilities of buyers and sellers in international trade. They specify who is responsible for the shipment of goods, who is responsible for paying for transportation costs, and who is responsible for arranging insurance.
What is a \"quotation\" in international trade?
A \"quotation\" is a document that outlines the price and terms of a sale. It is typically provided by the seller to the buyer and includes information such as the quantity of goods being sold, the price per unit, and any applicable taxes or fees.
What is an \"invoice\" in international trade?
An \"invoice\" is a document that outlines the details of a sale, including the quantity of goods sold, the price per unit, and any applicable taxes or fees. It is typically sent by the seller to the buyer and serves as a request for payment.
What are some common payment terms in international trade?
Some common payment terms in international trade include:
- Advance Payment
- Letter of Credit
- Cash on Delivery
- Open Account
- Payment in Advance
