Using People as a Tool of Business Differentiation
The Human Capital Index, which compares the practices of 2000 companies world-wide, found that superior human resource management correlates positively...
International Business and Money Laundering
Money laundering can be simply defined as “the act of concealing the source of illegally gotten money”. In the United...
Insurance: Possibilities and Limitations
Trade credit is often extended by carriers (for example: operators such as Hamburg Sud, where I worked for a spell)...
Cargo and Credit Insurance
International Trade is a risk-prone activity. Transportation related risk is largely external to the firm. That is, transportation is more...
Description, Origin, and Value in the Export License
Dishonest, opportunistic, and unscrupulous importers and exporters might to disguise description, value, and/or origin of goods on the export licence...
Basic Import Procedures of UK HM Revenue and Customs
With a few exceptions, it is the responsibility of the exporter and importer to declare their import intention to Customs...
Basic Export Procedures of UK HM Revenue and Customs
A small number of requirements constitute the obligatory protocol of export: a simplified declaration, local clearance, low value/non-statistical procedure (for...
Final Notes on Incoterms
As might be obvious from the previous posts on incorterms, several Incoterms are applicable to waterway transportation only: FAS, FOB,...
Category D Incoterms: Arrival
DAF: Delivered At Frontier (followed by the named place). The seller bears responsibility for clearing the goods for export and...