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gloria
等级:Senior
文章:883
积分:7295
门派:China
注册:2007-2-26 16:39:03 |
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 role of international trade terms
Trade terms, also called price terms or delivery terms, are an important component of a unit price in international trade, standing for specific obligations of the buyer and the seller. Every commercial transaction is based upon a sales contract, and the trade terms used in the contract have th4e important function of naming the exact point atr which the ownership of the merchandise is transferred from the seller to the buyer. The trade terms also define the responsiblilities and expenses of both the selleer and the buyer. The use of the trade terms greatly simplifies the contract negotiations ,and thus saves time and cost.
(to be continued) [gloria最后编辑于2007-3-22 10:01:50] |
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I still believe, someday, miracle will happen. |
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