Theory and Practice of International CommerceInternational book publishing Company, 1919 - 548 pages |
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Page 305
... sterling cur- rency , the English pounds sterling , in international financial transactions . In Germany the currencies in which export ship- ments were paid before the war , and had been for some time , were the German , the English ...
... sterling cur- rency , the English pounds sterling , in international financial transactions . In Germany the currencies in which export ship- ments were paid before the war , and had been for some time , were the German , the English ...
Page 309
... pounds sterling on the Far East and West Africa , as well as on most British colonies , in pounds sterling and marks on Central and South America , in rupees on India and East CURRENCY OF DRAFTS 309.
... pounds sterling on the Far East and West Africa , as well as on most British colonies , in pounds sterling and marks on Central and South America , in rupees on India and East CURRENCY OF DRAFTS 309.
Page 310
... sterling , if we ignore for the moment such details as the banker's charges , and the transaction was completed ... pounds sterling , marks , or francs . The drawee furnished his own national currency . This currency must be ...
... sterling , if we ignore for the moment such details as the banker's charges , and the transaction was completed ... pounds sterling , marks , or francs . The drawee furnished his own national currency . This currency must be ...
Page 312
... pounds sterling ) , the exporter could dictate the rate of interest for the debtor . If he were to lessen this rate of in- terest , the exporter might receive from the bank less than the face value of the draft . Where in the Far East ...
... pounds sterling ) , the exporter could dictate the rate of interest for the debtor . If he were to lessen this rate of in- terest , the exporter might receive from the bank less than the face value of the draft . Where in the Far East ...
Page 338
... pounds sterling . In dealings with Asia some drafts are made out in the local currency of the drawee . On Central and South America it is , on the other hand , customary to draw in pounds sterling and , less frequently , francs or ...
... pounds sterling . In dealings with Asia some drafts are made out in the local currency of the drawee . On Central and South America it is , on the other hand , customary to draw in pounds sterling and , less frequently , francs or ...
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Common terms and phrases
abroad acceptance agency agent American banks American export American manufacturers amount auctions bankers basis bills of exchange Bills of Lading branches Brazil brokers buyer capital cash cash against documents cent Chamber of Commerce commercial usage commission commodities connection corporation currency customary dealing delivery direct documents domestic drawee drawer Dutch auctions effected eign establishment Europe European export merchant export trade exporting country Federal Reserve Act Federal reserve bank Federal Reserve Board financing firms foreign countries foreign credit foreign customers foreign trade frequently furnish German export import indent indentor instance interest international commerce invoice limited London ment mercantile agencies merchandise obligations organization oversea products packing payment port pounds sterling power of attorney principal purchase quantity regard remittance risk samples seller selling ship South America stipulated tion transactions United vendor wholesalers York