Examlex
What is an interactive website kept constantly updated and relevant to the needs of its customers using a database?
International Sale of Goods
Pertains to a commercial transaction that crosses national boundaries, governed by specific legal frameworks like the United Nations Convention on Contracts for the International Sale of Goods (CISG).
Goods But Not Services
A classification that refers to tangible commodities or physical items that are bought, sold, or traded, excluding intangible offerings such as services.
Trade Growth
An increase in the exchange of goods and services between countries, often measured by the rise in exports and imports.
FOB
Free On Board, a term in international trade that indicates whether the seller or buyer is responsible for goods damaged or destroyed during shipping.
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