Using the metric system in international commerce

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Reference no: EM13857468

1. What are the advantages of using the metric system in international commerce?

2. What are the trade-offs between utilizing a standardized policy and remaining flexible for an exporter? You can choose either term of payment or Inco terms rules to illustrate your points.

3. In your opinion, why is it important for an exporter to sell in the importer country's currency?

Reference no: EM13857468

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