6. Financial homework

Here's where you go beyond your preliminary research by examining your target country's procedures for contracts, warranties and other critical areas. Incoterms are a widely used tool in this area.

These standard trade definitions are commonly used in international contracts. Other information can be gleaned through the Internet, including local newspaper sites and other general information.

Another, outstanding source is the Department of Commerce's Export.gov Web site (www.export.gov) which even features an online export questionnaire that will rate a company's export readiness.
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For additional information, contact the Clay County Economic Development Council, 110 NW Barry Road, Suite 210, Kansas City, MO 64155-9985
Phone: (816) 468-4989 • Fax (816) 468-7778 • info@clayedc.com

The information on this Web site is provided as a convenience to Clay County business owners and others interested in international trade. The Clay County Economic Development Council in no way warrants or guarantees this information, but offers it as helpful suggestions and links to specialists in the areas of global business.