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OBJECTIVES
After studying this unit, you should be able to:
1. explain the nature of export sales contract
2. distinguish between domestic sales contract and export sales contract
3. describe various Incoterms
4. explain-the rights and duties under principal Incoterms
5. describe general conditions in export contracts
6. Explain the methods of dispute settlement.
Permitted Currencies : The payment in foreign trade may be receptor made in a foreign currency which is freely convertible. A freely convertible currency; IS permitted by the rule
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Identify three or more of the secondary sources of information available to REI.
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concept of tergeting
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