A Study on Payment Procedure and Subsidy Provided For Goods in International Marketing

Authors

  • R. D. Karthick
  • C. Sankar

Keywords:

Letter of credit, Marketing strategy, Local customs, Export subsidy, Documentary collection

Abstract

International marketing involves highly understanding the basic and advanced concepts of Export-Importers. Traders must gather information and communication across the boundaries which involve high cost, time and knowledge. This study gives the procedure for payment methods in foreign markets and also the goods which have subsidy to trade in foreign market by government policies. How to survive in long term international market is a unique strategy for each and every trader must be planned for them to promote their business and also the overall GDP of the country.

Published

2020-07-29