What is Letter of credit? Letter of credit is the most important document in international trade. It forms the basis of most of the transactions in world trade.
Disadvantages of direct exporting In spite of several advantages in direct exporting, there are also certain limitations that direct exporting suffers from which are detailed below. 1. Greater
Advantages of Direct Exporting The various advantages of direct exporting may be discussed as follows, 1. Direct Exporting helps to have better knowledge of the Market The great
What is an Indirect exporting? Indirect exporting involves export through middlemen. Between the exporter and importer, an intermediary in the exporter’s country performs certain marketing functions relating to
Disadvantages of indirect exporting Though indirect exporting is advantageous in many respects, one cannot underrate its drawbacks. The serious limitations of indirect exporting are: 1. Too much dependence