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Export Trading Company

   Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Export Trading Company (ETC)
A company serving as the export department of other firms. They usually take title, risk and responsibility for the goods they export.

Export Trading Company
A company that supervises the exportation process for clients. Often, there are legal requirements that must be filled before a country allows its goods to be exported; export trading companies navigate these requirements and regulations. They operate like an export division for a company that does not have an export division. They may be local or foreign; sometimes they even operate in the country that imports the goods. They charge either a fee or a commission for their services. They are also called export management companies.


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Senate Finance Committee Chairman Chuck Grassley (R-Iowa) has urged the Antitrust Modernization Commission not to recommend repealing the Export Trading Company Act, which provides a limited antitrust exemption for exporter associations.
Congress used to enact the Export Trading Company Act of 1982.
ARRANGE FOR DISTRIBUTION [] Assess whether the most cost-effective and efficient entry to the chosen market would be through a commissioned sales agent, an export management company or export trading company, a sales representative, distributors, direct sales to consumers, licensing or joint ventures.
 
 
 
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