TXMI 4260 Lecture Notes - Lecture 5: Corporate Social Responsibility, Lead Time, Kathie Lee Gifford

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--------- global trade is the buying and selling of goods and services. Economics naturally trade and balance without govt interference disadvantages. Governments get involved to access: 9/11 was brought upon the department of homeland security because. Communication was key and departments were not communicating: customs service customs and border protection, treasury department homeland security department, security without jeopardising trade. 3. 0 globalization of countries (1400-1914) globalization of companies (1914-2000) globalization of individuals (2001-present) slow individualized. A country"s trade policy determines: export policy, import policy, protectionism, free trade. Hts harmonized tariff schedule 97 chapters: wco world customs organization says hts is the language of international trade . Transaction value: price that"s paid for goods when sold for export. Cbp (customs and border protection) uses fob (free on board) import values. Ideas: past season"s successes, weaknesses, trade shows, customer feedback. Chargebacks- reprocessing goods by charging more because they had to spend 17767$ to package it.

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