International Trade vocabulary

A person or organization that brings goods or services into a country from abroad for sale.

• Exporter

• Partner

• Customer

• Importer

A person or organization that buys goods or services from a store or business.

• Exporter

• Customer

• Customs

• Seller

Is financially responsible (the buyer) for the receipt of a shipment. Generally, is the same as the receiver.

• Exporter

• Customs

• Consignee

• Customer

Can be a freight forwarder also who transfer the goods to main carriers for carriage.

• Importer

• Shipper

• Customs

• Consignee

If a consignment is moved to a foreign country, the _______ acts as an exporter or shipper.

• Customs

• Buyer

• Consignor

• Customer

It's the authority or organization that controls the flow of goods in and out of a country. Collect the duties or taxes applied to imports and exports.

• Customs / Duty

• Freight Forwarder

• Shipping Agent

• Logistics Operator

This agent helps importers and exporters move their goods through customs, prepare documents, assist with communications, and arrange payment of duties.

• TAXES BROKER

• FREIGHT BROKER

• CUSTOMS BROKER

This trade barrier limits the number of products that can be brought into a country.

• Tariff
• Quota
• Embargo
• Subsidy

This is a tax on imports that is used to increase price of foreign products and raise government revenue. 

• tariff
• quota
• subsidy
• embargo

The money that each country has, like paper bills and coins

• scarcity
• exchange rate
• currency
• tariff