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An agent is someone who represents another party, known as the 'principal'. In the context of international transactions, an agent is typically a sales representative who works on behalf of a foreign principal and earns commission on sales that are eventually made between the principal and the end client. It is important to differentiate sales agents from employees or subsidiaries, as well as from distributors who operate under a different arrangement. Additionally, buying or purchasing agents have distinct rights and responsibilities compared to sales agents.
