International Chamber of Commerce International non-governmental body concerned with promotion of trade and harmonization of trading practice.
Globalization A global movement to increase the flow of goods, services, people, real capital, and money across national borders in order to create a more integrated and interdependent world economy.Real Appreciation/Depreciation A change in the purchasing power of a currency.Merchandise, Domestic Merchandise which has been produced in the India and not exported therefrom.Access can be limited by tariffs or other non-trade barriers.Reciprocal Marketing Agreement A strategic alliance in which two companies agree to co market each others products in their home market.Depreciation A decrease in a currency value relative to another currency in a floating exchange rate system.Trade Balance A countrys net balance (exports minus imports) on merchandise trade.Money Supply The total amount of currency in circulation and peso deposits subject to check of the monetary system.Cost and Insurance (C I) A pricing term indicating that the cost of the product and insurance are included in the"d price.Manufacturer Generally, the production of articles for use from raw or prepared materials by substantially transforming such materials into new forms.
Cites Convention on the International Trade in Endangered Species Civil Society Organizations (CSOs) Non-governmental and non-profit groups that work to improve society and the human condition.Devaluation A decrease in a currency value relative to another currency in a fixed exchange rate system.Index options A call or put option contract on an index (such as a foreign stock market index).Stabilization Policies Government policies designed to promote economic growth, steady employment, and stable prices.However, some shipments are stuck in the twilight zone between air freight and FCL cost viability.Advisory Capacity A term indicating that shipper's agent or representative is not empowered to make definitive decisions or adjustments without approval of the group or individual represented.DSB Dispute Settlement Body DSP Dispute Settlement Panel DSU Dispute Settlement Understanding Dual Pricing The practice of selling identical products in different markets for different prices.May be called for on a letter of credit.Centrally Planned Economy An economy in which the government, rather than free-market activity, controls the allocation of resources.Asia-Pacific Economic Cooperation (apec) apec forum designed to promote economic growth, cooperation, and integration among member nations.
Guideline Lease A lease written under criteria established by the IRS to determine the availability of tax benefits to the lesser.
Inland Bill of Lading A bill of lading used in transporting goods overland to the exporter's international carrier.
Allocation Rules of Income In the.S.
Managerial Flexibility Flexibility in the timing and scale of investment provided by a real investment option.
Production rights may or may not be transferred.