Search results for keyword: stp
delivery duty unpaid
Delivery under the Unpaid Customs
Whenever goods are imported, the recipient is liable for the import duty and other taxes thereon. It is not mandatory for the recipient to make the payment of such taxes before taking delivery of the goods, however, if the import duty or other taxes are not paid ......
19/07/2023 
1085 
Sophie
third party bill of lading
Workplace Diversity
In modern society, the workplace is becoming increasingly diverse. Companies are filled with people of different racial, ethnic and socio-economic backgrounds, and companies need to be prepared to embrace this diversity. Diversity in the workplace can provide businesses with a......
Incoterms related to international trade practices
International Commercial Terms
International Commercial Terms (Inco Terms) are terms used in international trading contracts, defined by International Chamber of Commerce (ICC) to ensure clarity of any trade agreement between two partner traders throughout different countries. The standardized se......
strategic trade policy
Strategic Trade Policy
Introduction
Strategic trade policy (stp) is a policy tool used by governments of countries to gain economic advantages in international markets. It involves the use of measures such as tariffs, subsidies, and export and import quotas to benefit domestic industries that pr......
Trade Friction
Sino-US Trade Disputes
China and the United States are two of the world’s largest economies and have long been engaged in a contentious relationship. The Sino-US trade disputes have been at the epicenter of this tension. Since 2018, the two countries have been locked in a trade war due to their ......
word of mouth marketing
Online Word of Mouth Marketing
The advent of the Internet has ushered in a new age of marketing and communication. Social media has allowed brands to connect with consumers in ways that have never existed before, and word of mouth marketing has become one of the most powerful tools in the digital......
stp theory
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The Spanning Tree Protocol (stp) is a network protocol used to create a logical loop-free topology of bridged networks. It builds on the 802.1D standard and its implementation requires that redundant links be broken using a subset of the 802.1 standardized bridges. It is used primarily on switch......
cumulative preferred stock
An Overview of Cumulative Preferred Stock
Preferred stock is a type of stock that is entitled to receive dividend payments before any other security and are in line for repayment of the company’s assets in the event the business is liquidated. Cumulative preferred stock is a special type of pref......
bonded system
Bonded System
The Bonded System is a system in which goods can be stored without the obligation to make the payment of duty or taxes. It is a system which allows for goods to be stored in a specifically designated area, known as a Bonded Warehouse, and for duty and taxes to be only payable when th......
Export credit insurance
Export Credit Insurance
Export credit insurance is an important element of the credit system providing financial services to international trade. It is an important financial instrument used by companies that export products to foreign markets to mitigate the risk of non-payments from buyers in f......
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