A foreign order which instructs an agent to buy certain goods from a particular supplier is
Answer Details
The foreign order that instructs an agent to buy certain goods from a particular supplier is called a "closed indent".
A closed indent is a type of purchase order that is sent by a buyer to their agent, instructing them to purchase specific goods from a particular supplier. This type of order is "closed" because the buyer has already identified the supplier they want to purchase from and the specific goods they want to buy.
Closed indents are commonly used in international trade when a buyer is located in a different country than the supplier. By using an agent to purchase the goods, the buyer can ensure that the transaction is carried out smoothly and efficiently.
In contrast, an "open indent" is a purchase order that leaves the choice of supplier and goods up to the agent, while a "letter of credit" is a financial instrument used to ensure payment in international trade. Finally, a "letter of enquiry" is a communication used to ask for information about a product or service, rather than placing an order.