Foreword

Engaging in international trade is a never-ending challenge for a host of reasons: political turmoil in one or another country, market uncertainties, compliance requirements, payment problems, shipping delays, and a lot of changing procedures and documentation to contend with in every country, including our own. While there is a favorable trend toward global harmonization, we’re not there yet.

And on top of all these issues, there is the global recession that started in late 2008, with plummeting consumer demand and shrinking trade finance. Only time will tell how long those conditions will persist. But make no mistake: Global trade with new and different opportunities will endure, as it always has. Most experienced exporters and importers ...

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