Arrange the following steps in the process of concluding an export deal.
A. Confirm the export deal
B. Receive letter of credit
C. Identify and negotiate with importer
D. Receive an export order
E. Examine thoroughly and ask for amendment
Choose the correct answer from the options given below’:

Correct option is B

Export dealing includes a series of processes that are aimed at promoting the export of goods and services from one country to another. It can be a complex and time-consuming process, but it is important for businesses that want to expand into international markets.
Steps in the process of an export deal.
 Identify and negotiate with importers – It is the first step of the export process which identifies importers and discusses terms of purchase with them.
 Confirm the export deal – After identification and negotiation with the importer, the exporter examines the contract that specifies the price, delivery terms, and other details such as product description, terms of shipment, terms of payment, inspection and insurance etc. After being satisfied with these, the exporter confirmed the export order.
 Receive an export order- Before producing the actual product the exporter needs some documents to fulfil the export order. Documents such as proforma invoices, purchase orders and letter of credit are used for it.
 Examine thoroughly and ask for amendment – Before finalizing the export order, the exporter attentively examines the contract and other terms and conditions.
 Receive letter of credit – After receiving a letter of credit, the exporter gets financial ensure from the importer’s side.