by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is International Dispute Resolution? International dispute resolution is simply the process of dispute resolution between parties from foreign nations. What is a Dispute Settlement Body?The Dispute Settlement Body (DSB) is a diplomatic body dealing with trade...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is a Domestic International Sales Corporation?The Domestic International Sales Corporation (DISC) is a corporate business entity involved in export activities with a special tax status. A U.S. company with qualifying income from exports of U.S. made goods, or its...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is an Edge Act Corporation?An Edge Act Corporation (EAC) is a subsidiary of a U.S. bank that engages in international banking activities. These banks or subsidiaries are named after the 1919 Edge Act, which authorizes banks to perform international banking...
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....
