by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is an Export License?An export license is the authorization issued to exporters by a host country to carry on import-expert activities with individuals from other countries. US export regulations define export as any goods or services sent to foreign countries,...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Ex-Im Bank?The Export-Import Bank of United States (Ex-Im Bank) is the official US bank specialized as an export credit agency (ECA). An ECA is an official entity established with the aim to financially assist companies in the USA that want to do business...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is Expropriation?Expropriation is a legal term used to describe the government taking control of private assets or property ostensibly for public use. In many countries, an expropriation occurs and private assets are dispossessed without any payment to them. This...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is Export Finance?Export finance, also known as trade finance, refers to financing or funding activities related to export, import, and international trade. Export finance may include letters of credit, export insurance, shipment insurance, and export credit....
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is Extraterritoriality?Extraterritoriality is a legal term which refers to extending a home country’s jurisdiction to citizens, businessmen, diplomats, and ambassadors in a foreign country. Simply put, it means that laws may be extended to people,...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is an Export Trading Company (ETC)?An Export Trading Company is a commercial institution (often a bank) that facilitates and financially supports those firms that are engaged in international trade. The Export Trading Company (ETC) may provide billing,...
