Author Question: Gap analysis may show that the combined market potential among several countries may justify product ... (Read 45 times)

Starlight

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Gap analysis may show that the combined market potential among several countries may justify product development costs.
 
  Indicate whether the statement is true or false

Question 2

What difficulties of exporting can be minimized by customs brokers?
 
  What will be an ideal response?


olivia_paige29

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Answer to Question 1

TRUE

Answer to Question 2

A battery of documents regulates international trade. Duty rates, customs clearance, and entry processes, though overlapping, differ. Tariff classifications, value declarations, and duty management spawn confusion and boost costs. Customs and security initiatives impose regulations on international traders. Navigating these obstacles requires traders manage the paper trail that documents, certifies, and legalizes transactions. Exporters hire customs brokers to manage trade documentation and obtain appropriate government permissions.



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