answer questions

profilens09
answerquestions.docx

1-Why is it important to be respectful during a communication exchange (as the sender or receiver)?  Why is this especially important with business communication?

2-What is international business?  What is an import?  What is an export?  Why might a company engaging in international business want and not want free trade?

3-What is a tariff?  What is a non-tariff?  Why might a government implement tariffs?  What are five types of tariffs?  Are tariffs good for the economy; why or why not?

4-Define the following: letter of credit, bill of lading, and a draft.