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For a Brazilian firm, the process of exporting to international markets may include all of the...

For a Brazilian firm, the process of exporting to international markets may include all of the following except

A.export-import agent.

B.draft.

C.bill of lading.

D.import tariff.

E.letter of credit.

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Answer #1

D Import tariff.

Import tariffs are imposed in the country importing Brazillian firm's goods and are not related to the exporting process.

Export import agent provides facilitating service to the Brazillian firm in connection with export.

Draft is a negotiable instrument which guarantees the title of goods to the exporter till the buyer receives them.

Bill of lading is issued by the carrier of the goods to exporter as a proof of receipt of goods in the carrier.

Letter of credit is a guarantee given by the importer's bank to the exporter's bank.

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