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Domestic agreements are not intended to be legal binding

Commercial contracts are intended to be legal binding

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12y ago

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Distinguish export sales contract and domestic sales contract?

The main difference between export sales contract and domestic sales contract is: 1. Relating to currency issues (both the country have different currency) 2. The second one is law related to export and import dispute (if any dipute arises between two country whose coutry law should be applicable to solve the dispute).


Difference between domestic marketing and export marketing?

Domestic marketing refers to promoting and selling products within a company’s home country, where customer preferences, culture, language, laws, and distribution channels are familiar and easier to manage. Export marketing, on the other hand, involves selling products in foreign markets, which requires adapting to different cultures, regulations, currencies, and competitive environments. It also includes higher costs and risks due to international logistics, shipping, customs, and trade policies. Overall, domestic marketing is simpler and less risky, while export marketing is more complex but offers greater growth opportunities.


Why does the US encourages domestic companies to export?

The U.S. encourages domestic companies to export because


What is the difference between domestic market and the export market?

The primary difference between a domestic market and an export market is the payment is made in a foreign convertible currency. Further, the goods produced in India need to be shipped abroad in exchange for payment to be treated as an export. There is a good import-export business practice that one can learn from online exim courses.


What is agriculture in Canada?

grains and oilseeds(wheat, durum, oats, barley, rye, flax seed, canola, soybeans, and corn) 34% domestic and export red meats -livestock(beef cattle, hogs, veal, and lamb) 27% domestic and export dairy 12% domestic horticulture 9% domestic poultry and eggs 8% domestic grains and oilseeds(wheat, durum, oats, barley, rye, flax seed, canola, soybeans, and corn) 34% domestic and export red meats -livestock(beef cattle, hogs, veal, and lamb) 27% domestic and export dairy 12% domestic horticulture 9% domestic poultry and eggs 8% domestic grains and oilseeds(wheat, durum, oats, barley, rye, flax seed, canola, soybeans, and corn) 34% domestic and export red meats -livestock(beef cattle, hogs, veal, and lamb) 27% domestic and export dairy 12% domestic horticulture 9% domestic poultry and eggs 8% domestic


Why export is not included in calculating gross domestic product?

because then it wouldn't be a domestic total.


Does Israel export for foreign and domestic purposes?

Yes.


What is export sales contract?

The initial document in any international transaction; it details the specifics of the sales agreement between the buyer and seller. ...


What is the Relationship between international trade and economic development?

International trade includes export and import. Export strengthens the economy while import weakens the economy. Economic development relies on foreign and domestic trade. A strong export will bolster the economic development.


What is the Relationship between international trade and economic trade?

International trade includes export and import. Export strengthens the economy while import weakens the economy. Economic development relies on foreign and domestic trade. A strong export will bolster the economic development.


What is the difference between export order agreement and contract?

An export order agreement is typically a preliminary document that outlines the basic terms of a transaction between a buyer and a seller for goods being exported, such as quantities, prices, and delivery timelines. In contrast, a contract is a more formal and legally binding document that includes detailed terms and conditions, including dispute resolution, payment terms, and warranties. While an export order agreement may serve as the foundation for a contract, the latter provides greater legal protections and obligations for both parties.


Market Retrenchment - changing from export market to domestic market?

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