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17/06/2014
It’s an unfortunate fact that not many Canadian exporters are really good at managing their foreign exchange (FX) risk. This seems surprising, since every exporting company knows that changes in the FX rate of the Canadian dollar can pose risks to its profit margins and cash flow.
16/06/2014
South Korea is an exciting, dynamic place. It’s home to some of the proudest, hardest working, and most hospitable people I’ve encountered during all of my extensive travels throughout Asia and the world.
13/06/2014
There is a wide range of terminology associated with inventory management. Some of the most common terms, concepts and issues regarding global supply chain management are detailed in the following paragraphs.
11/06/2014
Doctor Faisal Mohammed El Amir is a Senior Industrial Consultant at Dubai Exports (DE), an agency of the Dubai Economic Development Department. Dubai Exports promotes exports by helping its client companies participate in exhibitions and outward missions.
10/06/2014
Like many before him—and some after as well—Dieter Hollweck learned how to do international trade from the ground up; through the school of hard knocks.
“Learning that way is very expensive, and can sometimes be deadly for your business,” says Dieter, the Forum for International Trade Training’s (FITT) founding father. “But everybody had an international trade horror story back then!”
06/06/2014
Purchasing translation can be scary when you’re new to the export business—especially if you only speak one language yourself. Like with any business transaction, there’s…
04/06/2014
Jeff Cooper is a Trade Officer with the agri-value sector for Saskatchewan Trade and Export Partnership (STEP).
30/05/2014
It doesn’t matter how much interest or how many orders your business is getting from buyers abroad if you can’t figure out how to get paid when you go global! Our next #TradeElite Twitter chat will help you navigate all things money. We’ll talk about methods of payment, which method to use and why, and how to implement different types of payment.
27/05/2014
Human beings are social by nature. This explains the billions of dollars we spend every year on tourism. We travel the world to enjoy new scenery, to meet new people, to try new foods, and for the newness of the experience. When we have goods and services ‘tour’ across international borders, we call it international trade.
26/05/2014
It’s that time of the year again! The time when we recognize the talents, accomplishments and experiences of our FITT-trained international business students.
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