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Entering Target Markets: Difference between revisions
→Lesson 4 - Documents and payments in international business: + definition of w:International monetary systems
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== Lesson 4 - Documents and payments in international business == | == Lesson 4 - Documents and payments in international business == | ||
* '''[[w:International monetary systems|International monetary systems]]''' are sets of internationally agreed rules, conventions and supporting institutions, that facilitate [[w:international trade|international trade]], [[w:foreign investment|cross border investment]] and generally the [[w:redistribution (economics)|reallocation of capital]] between [[w:nation state|nation state]]s. They provide means of payment acceptable between buyers and sellers of different nationality, including deferred payment. To operate successfully, they need to inspire confidence, to provide sufficient liquidity for fluctuating levels of trade and to provide means by which global imbalances can be corrected. ( Wikipedia ) | |||
== Lesson 5 - NO CLASS == | == Lesson 5 - NO CLASS == | ||