Export Trading Company


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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.
References in periodicals archive ?
Congress had hoped that provisions of the Export Trading Company Act of 1982 and the establishment of government-sponsored organizations to promote exportation of US goods would stimulate US companies into developing trading companies.
The Export Trading Company Act of 1982 created the Eximbank (Export-Import Bank), which is an independent US government agency whose purpose is to guarantee loans to export trading companies.
General Electric also established a trading company after the Export Trading Company Act was introduced -- forecasting sales of $2 billion by 1987.
The Export Trading Company Act of 1982 started banks getting more involved in the creation of export trading companies.
(1987), "The future of the Export Trading Company Act", Business America, 12 October, pp.
Why do firms seek export trading company certification?
Much of the motivation for passage of the Export Trading Company Act was a desire to protect small U.S.
The large majority of Export Trading Company certificates of review protect the holder from vertical antitrust suits.
The Webb-Pomerene Act (1918) and the Export Trading Company Act (1982) both offer a limited level of antitrust immunity for certain conduct.
One of the most important benefits sought by advocates of the 1982 Export Trading Company Act was the inclusion of U.S.
Several of the various provisions of the Export Trading Company Act of 1982 depart from the Webb-Pomerene Act in ways that threaten to tilt U.S.
The very provisions of the Export Trading Company Act that raise the specter of anticompetitive domestic effects are also likely to make ETCs more popular with business firms than WPAs have been.