Incoterms ("INternational COmmercial TERMS") are a group of commercial terms (three letters each) used in international transactions to clarify the costs and determine the commercial clauses included in a sales contract.
Incoterms ("INternational COmmercial TERMS") are a group of commercial terms (three letters each) used in international transactions to clarify the costs and determine the commercial clauses included in a sales contract.
Exporting refers to the action of selling a good or service in one country, having been manufactured in another. An exporter may encounter a number of barriers to exporting.
Mercosur (MERCOSUR) is a regional integration process founded in 1991 by Argentina, Brazil, Paraguay, and Uruguay. Over the years, countries such as Venezuela (currently suspended) and Bolivia have joined the group.