iep-chapter 9-1.pptVIP

Objectives: Students should understand the importance of documentation, and how to prepare the major documents. 1. Preparation for Chapter 9: International trade attaches so great importance to shipping documents that, to a certain degree, it can be called trade of documents, or symbolic trade. This is because shipping documents represent the title to the goods. E.g. under L/C, the buyer can’t take the delivery of the goods until he obtains the shipping documents can he receive the payment. What documents to be used and how to carefully and accurately complete them deserve our adequate