International Purchasing or How To import. Though every country would decide to produce most of the products endogenously to conserve its foreign exchange, it is not wise as well as practical. Sometimes it may be advisable how to import the goods at laser cost than the indigenous cost of production. Importing has become very simple since Government of India economy.
Incoterms. Manual & Documentation of incoterms Incoterm: As regards quoting the prices to the overseas buyers. The some are quoted in the following international accepted terms. For example. Ex-Works (Exw). ‘Ex-works’ means that the seller’s responsibility is to make the goods available to the buyer at works or factory. The full cost and risk involved in bring the goods form