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There’s a lot to know when it comes to international trade. So every now and then we like to pull out snippets of wisdom from our FITTskills series of international trade textbooks and pass them on. Whether it’s brand new for you or its information you’ve already learned but may have forgotten, you can rest assured that FITTskills Refreshers are practical and industry-validated.
13/04/2022
Trade finance instruments and practices are designed to assist importers and exporters with effective mitigation techniques for all types of financial risk. The risks, which can be mitigated through appropriately structured trade finance instruments or services, include: commercial risk, foreign currency risk, country risk, and bank risk.
16/03/2022
When trading goods across international borders, the period of transit has a high level of risk and a high cost of liability should anything happen to a shipment of goods. That’s why transport documents like a bill of lading are so crucial, acting as a contract and a receipt for the goods delivered to the carrier for shipment.
01/03/2022
Even when conditions indicate that a potential market might be suitable, certain political and legal issues—such as import restrictions or lack of copyright protection—could make…
08/02/2022
Organizations seeking to penetrate a foreign market as a first step toward establishing ongoing commercial relationships have a wide variety of options to choose from….
10/11/2021
Cargo insurance is a hot topic in our current trade ecosystem. Week after week, news reports about shipping delays, accidents, and port congestion have become…
06/08/2021
Businesses that operate internationally need to treat their cash flow planning differently than those that operate domestically. There are many additional details to consider for…
11/06/2021
When planning for international exporting and the distribution of goods, a strong understanding of the fundamentals of global logistics is necessary for success. In particular,…
30/04/2021
What are the drivers for a circular economy? Discover the main reasons below. On April 22, millions of people around the world took part in…
25/09/2020
Content is the cornerstone of online marketing. It involves creating and sharing relevant and engaging information with the target audience through articles, blog posts, videos, podcasts, webinars, and other formats. Here’s how you can use it to engage your export markets.
17/06/2020
Researching the target country and developing a strategy to monitor changes there is a good start to limit political risk, but it’s far from the final step.
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