International Business 8th Edition by Charles Hill

Exercise 11

Understanding the specific terminology used in the export process is necessary prior to your company's first export venture. Utilize the globalEDGE Glossary of International Business Terms to identify the definitions of the following exporting terms: advance payment, air waybill, bill of lading, certificate of product origin, deferred payment credit, harmonized tariff schedule, voluntary export restraint , and wharfage charge.