Wednesday, September 24, 2008

The export trading company act 1982

The Export trading Company Act by President Reagan on Oct. 6, 1982 (ETC)
For the expanding of trade, ETC allows small and medium-sized business to sell abroad and get some available capital to export their products to overseas, access to information about the foreign markets by bank, and measure of certainty for exporters' antitrust exemptions.The act encourage small and medium-size firms to expand thier business into larger scale by been allowed to offer economics of sclae in financing, including credit services, market analysis, distibution channels, compliance with American & foreign import-export regulations, advertising, accounting overseas offices, transportation, insurances and warehousing.

source: BNET Business Network(Internet)
Document: A shot in the Arm or American Export

No comments: