General

In commodity trade, there is a very common and common way of trade, that is, the traditional way of trade. The main forms are processing trade, compensation trade, barter trade, agency, exhibition, border trade, international trade fair, world commodity trading center, etc. What are the characteristics of traditional international trade? Let's take a look.

Characteristics of traditional trade mode:

1. Fixed trading place

Compared with online trade, traditional trade is fixed in place, rather than virtualized like online trade. The place of transaction is either the buyer, the seller or the specialized world commodity exchange market. Many of the procedures of online trade from order to delivery and payment can be completed through the Internet.

2. Transaction costs and transaction costs are relatively high

The manufacturer needs to spend a lot of publicity expenses to publicize its products. The buyer needs to collect and compare the information of the goods he needs, so as to get a satisfactory product and price. The time and cost spent during this period is not a small amount.

3. Transaction limitations

The scope of traditional trade is not as extensive as that of online trade. Online trade has a trend of globalization. However, due to its own characteristics, traditional international trade cannot be globalized and can only complete its trading activities within a certain range.

4. Relatively high safety

Traditional trade is a face-to-face transaction. Both sides of the trade trade trade according to the original fixed procedures, and the credibility is relatively high. Because of its virtualization characteristics, the laws related to online trade must be improved. In this regard, we can refer to the Contract Law, the International Trade Rules and other relevant laws and regulations.

The above is about the characteristics of traditional international trade. I hope it can help you.