Know important trade-related acronyms and trade terms

What is an FTA?  What does WTO stand for?  What’s the difference between CIF and FOB?  What’s the NEI and what does it mean for me and my US exports?
 
Lots of trade terms and acronyms can confuse any exporter.  Attached is a list of oft-used trade acronyms and trade terms.  It is not meant to be exhaustive.  Rather it is a simple, handy reference tool for SME exporters of trade terms they should be aware of and understand.
 
Have any other trade-related questions?  Let TradeMoves help.
 
Shawn Marie Jarosz / SJarosz@TradeMoves.net / 202.415.4016