December 2006
Intermediate to advanced
464 pages
8h 29m
English
book
Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
by Thomas A. Cook
Content preview from Global Sourcing Logistics: How to Manage Risk and Gain Competitive Advantage in a Worldwide Marketplace
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Overseas Private Investment Corporation (OPIC): A
government-sponsored organization that promotes in-
vestment in plans and equipment in less-developed coun-
tries by offering guarantees comparable to Ex-Im Bank.
Paperless release: Electronic release of a shipment by CBP
prior to hard copies being presented.
Political risk: In exporting, the risk of loss due to such
causes as currency inconvertibility, government action
preventing entry of goods, expropriation, confiscation, or
war.
Power of attorney: A document that authorizes a customs
broker or freight forwarder to act on the exporter’s or im-
porter’s behalf on issues relative to customs clearance,
transportation, documentation, etc.
Premium: Insurance dollars paid to an underwriter to ac-
cept a transfer ...
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