6 Steps for Building a Successful Export Strategy Start an Export Market Expansion Program Organize the Program Designate program leaders and export teams. Summarize baseline company and export history. Benchmark Company Preparedness Conduct an export benchmark assessment. Summarize significant findings and define action steps that will need to be implemented. Define Export Outcomes Determine your company’s rationale for expanding exports.…
PIP: In the announcement of rates, every 0.0001 change is called a pip (PIP) and in the change of the yen rate, every 0.01 change is called a pip. There are two rates in a trade. Rate of purchase from you (Bid) and sale to you (Ask). It is natural that the rate of sale to you is higher than…
The importance of the medical equipment trade and the role of the WHO Economic aspects of medical devices Tracking and explaining the growth in health spending in all national systems has been a prominent concern in governmental, academic and industrial research in both developing and developed countries. Many studies have shown that technological changes in health care, especially medical devices…
Many forces shape trade flows, including trade policies, changes in the nature and location of consumer demand, and differentials in the costs of labor and other inputs across geographies. Another important, but underappreciated, driver of trade flows is technology. The history of trade reflects the ongoing march of new technological innovations. After the Second Industrial Revolution, for example, the introduction…
WHAT IS ”WTO”? WTO is the acronym for World Trade Organization. The WTO came into being in 1995 and was created after the culmination of long intense negotiations which took place under the auspices of the General Agreement on Tariffs and Trade (GATT). AN ORGANIZATION FOR TRADE LIBERALIZATION The WTO is an organization for liberalizing trade. Trade liberalization is the…
