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The Exporting Process
Vocabulary
100
Find potential customers
What is step 1
100
The selling price of the product includes the cost of loading the exported goods onto transport vessels at the specified place.
What is Free on board
200
Deliver products or services
What is step 4
200
Actively seeking export opportunities.
What is direct exporting
300
Meet the needs of the customers
What is step 2
300
A company that arranges to ship goods to customers.
What is freight forwarder
400
complete the transaction
What is step 5
400
when a company sells its products in a foreign market without actively seeking out those opportunities.
What is indirect exporting.
500
Agree on sales terms
What is step 3
500
A document stating the agreement between the exporter and the transportation company.
What is Bill of Lading