Many of us have probably heard the following statement- “70% of the world’s purchasing power is located outside the United States.” But, what does this actually mean? It’s an easy statement to ignore,...
The term “Made in America” carries a lot of positive weight around the world as U.S. products get shipped or transferred from country to country. American consumers generally purchase “Made in America...
Exporting brings a number of risks including foreign buyer nonpayment. Letters of Credit are just one way to mitigate these risks. As a refresher, a Letter of Credit is basically a contract, moderated...
