Master the essentials of Free on Board (FOB), learn the difference between FOB Origin and FOB Destination, and explore how FOB affects ownership and risk during shipping.
Explore what Special Economic Zones (SEZs) are, their advantages, types, and how they play a crucial role in boosting economic growth by attracting foreign investments.
Explore the world of Incoterms, the essential terms and rules defined by the ICC that streamline global trade by clarifying seller and buyer responsibilities.
Explore what a Banker's Acceptance (BA) is, its role in facilitating international trade, the trading process on secondary markets, and how it guarantees payment in commercial transactions.
Dive into the world of the London Metal Exchange (LME), the prime center for trading metal futures globally. Discover how it influences metal prices and trading strategies.
Explore the roles, functions, and impacts of the World Trade Organization (WTO), from global trade facilitation to the mediation of international disputes.
Explore the roles and responsibilities of a consignor in the consignment process, crucial for businesses engaged in delegated sales operations, both domestically and internationally.
Explore the intricacies of the delivered ex-ship (DES) Incoterm, its implications for global trade, the transition to new terms, and its role in shipping contracts.
Explore the pivotal role of GATT in shaping global trade, its transformation into WTO, and its continuous influence on international economic policies.
Explore the fundamentals of Cost, Insurance, and Freight (CIF), a critical Incoterm in international trade, detailing the responsibilities of the seller and buyer.