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Manatee Products, a U.S. company, is exporting to a Japanese company. The two parties agree on a draft, but Manatee Products wants it to be a draft that is payable on presentation to the Japanese company. Manatee Products is asking for a(n)
Product Output Quotas
Predetermined targets for the quantity of products that must be produced within a specific timeframe.
Raw Materials
Basic or unprocessed materials that are used as inputs for production or manufacturing processes to create finished goods.
International Business
The exchange of goods, services, and resources between entities in different countries.
Natural Resources
Materials or substances that occur in nature and can be used for economic gain, such as minerals, forests, water, and fertile land.
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