Transcript Document 7581281

Ch 8. EXPORTING, IMPORTING,
AND SOURCING

Why export?

Export marketing vs. Export selling
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Government support

Barriers to exporting
Ch. 8. Exporting

BARRIERS
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Tariffs
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Nontariff barriers
Ch. 8. Exporting

TARIFFS

Single column tariff
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Two-column tariffs

Harmonization
Ch. 8. Exporting

CUSTOMS DUTIES

Ad Valorem
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Specific

Combination Duties
Ch 8. Exporting

KEY PARTICIPANTS

Foreign Purchasing Agents

Export Brokers

Export Merchants

Export Management Companies
Ch. 8. Exporting

PAYMENT METHODS

Open account
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Letter of credit
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Consignment
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Bill of exchange

Cash in advance
Ch 8. EXPORTING

SOURCING

Factors for consideration in sourcing

Factor costs, logistics, country
infrastructure, political risk, market access,
and foreign exchange rates.