After studying Chapter 24, in addition to defining key terms, you will be able to:
- LO1 Explain the purpose of entering the export and import markets.
- LO2 Describe issues that must be considered before making international sales.
- LO3 Explain the documentation that must be produced to process international sales.
- LO4 Account for international sales.
- LO5 Account for time drafts.
- LO6 Account for an Internet sale.
24 mastery and Challenge problems