Preface |
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xiii | |
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Chapter 1 Trading Around the Globe |
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1 | (14) |
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The International Adventurer |
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2 | (1) |
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3 | (2) |
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Import/Export--The Prequel |
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5 | (1) |
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Emerging Markets Take Flight |
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5 | (1) |
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Earning Potential for International Traders |
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6 | (1) |
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The Startup Costs Associated with International Trade |
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7 | (1) |
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7 | (1) |
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How a Few Experts Got Their Start |
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8 | (4) |
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12 | (1) |
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12 | (3) |
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Chapter 2 Import/Export 101 |
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15 | (12) |
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16 | (1) |
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17 | (1) |
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18 | (5) |
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18 | (1) |
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19 | (1) |
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Product Category Regulatory Agencies |
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19 | (1) |
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Additional Government Agencies Are Involved with Importing Specific Products |
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20 | (1) |
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Discover How a Customs Broker or Freight Forwarder Can Assist You |
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21 | (1) |
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Understand the Flow of Products Being Imported or Exported |
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22 | (1) |
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23 | (4) |
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Understand Potential Trade Barriers |
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24 | (1) |
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24 | (1) |
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Some Countries Play Favorites |
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25 | (1) |
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Many Countries Offer Viable Import/Export Opportunities |
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26 | (1) |
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Chapter 3 Keeping Tabs on Politics and the Global Economy |
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27 | (12) |
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The World Trade Organization Has Clout |
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28 | (1) |
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29 | (2) |
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North American Free Trade Agreement (NAFTA) |
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29 | (1) |
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U.S.-Korea Free Trade Agreement (KORUS FTA) |
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30 | (1) |
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Other Free Trade Agreements |
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31 | (1) |
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African Growth and Opportunity Act (AGOA) |
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31 | (1) |
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31 | (1) |
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32 | (1) |
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32 | (2) |
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Global Responses to the Crisis |
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33 | (1) |
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33 | (1) |
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34 | (1) |
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34 | (1) |
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Trade with Emerging Markets |
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35 | (1) |
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36 | (3) |
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38 | (1) |
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38 | (1) |
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Chapter 4 Tricks of the Trade for Startups |
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39 | (18) |
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Should You Work from Home? |
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40 | (7) |
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41 | (1) |
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42 | (1) |
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A Reliable, High-Speed Internet Connection Is a Must |
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43 | (1) |
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44 | (1) |
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44 | (1) |
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45 | (1) |
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45 | (1) |
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Brand Your Business to Enhance Its Image |
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46 | (1) |
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46 | (1) |
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47 | (1) |
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Expenses Add Up, So Be Prepared |
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47 | (1) |
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Calculate Your Business Startup Costs |
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47 | (1) |
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47 | (10) |
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47 | (3) |
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50 | (2) |
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52 | (2) |
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54 | (1) |
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54 | (1) |
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55 | (2) |
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Chapter 5 Daily Operations |
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57 | (32) |
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58 | (1) |
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58 | (31) |
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58 | (1) |
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59 | (4) |
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63 | (1) |
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64 | (2) |
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66 | (1) |
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67 | (5) |
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72 | (1) |
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The Import/Export Referee |
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72 | (1) |
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73 | (3) |
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76 | (1) |
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77 | (5) |
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82 | (1) |
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What Happens When Mistakes Are Made? |
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82 | (2) |
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84 | (3) |
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87 | (2) |
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Chapter 6 Rituals and Red Tape |
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89 | (26) |
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90 | (1) |
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Certain Documents Are Equivalent to Cash |
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90 | (9) |
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99 | (6) |
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The Importer Security Filing (ISF) |
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102 | (1) |
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Automated Manifest System |
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103 | (1) |
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Understand Who Is Responsible for Handling Specific Requirements |
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104 | (1) |
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105 | (8) |
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105 | (5) |
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Examination and Valuation |
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110 | (1) |
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111 | (1) |
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112 | (1) |
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113 | (2) |
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Chapter 7 Market Research |
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115 | (20) |
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119 | (1) |
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120 | (1) |
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120 | (6) |
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Give Old Products a New Purpose |
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123 | (2) |
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125 | (1) |
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125 | (1) |
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126 | (9) |
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Take Advantage of Export Market Research That's At Your Disposal |
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127 | (1) |
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A Ton of Research Is Just a Few Clicks Away |
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127 | (1) |
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Where to Turn For Additional Guidance |
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128 | (1) |
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Stay Up-to-Date by Reading Trade Publications |
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129 | (2) |
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Get Personalized Service from the Commercial Service |
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131 | (1) |
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Many Additional Resources Are at Your Disposal |
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131 | (4) |
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Chapter 8 Trade Dollars and Sense |
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135 | (18) |
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Pricing Your Products and Services |
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136 | (1) |
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136 | (1) |
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Crunch the Numbers Before Agreeing to Terms |
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137 | (1) |
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138 | (1) |
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138 | (2) |
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Seek Out the Best Deals and Terms |
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140 | (1) |
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Being the Distributor Could Pay Off |
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140 | (2) |
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Do Research Before Setting Your Prices |
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141 | (1) |
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Projecting Profits Can Be Tricky |
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142 | (1) |
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142 | (7) |
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143 | (1) |
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Send Sales Materials via Mail or Email |
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144 | (1) |
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Basic Office Supplies, Like Paper, Cost Money Too |
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145 | (1) |
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146 | (1) |
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146 | (1) |
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146 | (1) |
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Repaying Your Lenders Is a Business Expense |
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147 | (1) |
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147 | (2) |
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149 | (1) |
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149 | (4) |
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Consider Working with the Ex-Im Bank |
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149 | (3) |
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Invest in Your Own Business |
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152 | (1) |
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Don't Finance Your Biz Using Credit Cards! |
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152 | (1) |
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Chapter 9 Employees, Insurance, and Business-Related Topics |
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153 | (12) |
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154 | (6) |
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Enthusiasm Is a Key Ingredient for Success |
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156 | (1) |
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How to Find the Best Employees |
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157 | (1) |
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158 | (1) |
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Put Prospective Employees to the Test |
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159 | (1) |
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Set Salaries Based on Qualification Requirements |
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159 | (1) |
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Maintain Open Communication with Your Employees |
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160 | (1) |
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160 | (1) |
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Multiple Types of Insurance Are Required |
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160 | (5) |
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Insurance from the Ex-Im Bank |
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161 | (1) |
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161 | (1) |
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162 | (1) |
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Take Proactive Measures to Protect Your Goods |
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162 | (3) |
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Chapter 10 Tools of the Trade |
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165 | (12) |
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166 | (6) |
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A Computer Is Your Most Important Tool |
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166 | (2) |
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A Reliable Printer Is a Must |
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168 | (1) |
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Define Your Software Needs |
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168 | (2) |
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You'll Need More than Voicemail |
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170 | (1) |
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170 | (1) |
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A Photocopier Is a Useful Business Tool |
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170 | (1) |
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Don't Forget Office Supplies |
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171 | (1) |
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Stay Comfortable in Your Office |
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172 | (1) |
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172 | (5) |
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172 | (1) |
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Working from Home Has Its Tax Advantages |
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173 | (1) |
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173 | (1) |
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173 | (2) |
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Focus on Efficiency When Setting Up Your Office |
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175 | (2) |
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Chapter 11 Advertising, Marketing, and Distribution |
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177 | (32) |
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178 | (2) |
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179 | (1) |
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179 | (1) |
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Desperately Seeking Imports |
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180 | (9) |
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180 | (5) |
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185 | (1) |
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Exploit Trade Show Opportunities |
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185 | (1) |
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186 | (3) |
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189 | (4) |
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192 | (1) |
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192 | (1) |
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Representative or Distributor? |
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192 | (1) |
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193 | (1) |
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Join Facebook Groups Related to International Trade |
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193 | (3) |
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Your Company's Website Should Look Professional |
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194 | (1) |
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Advertising and Marketing |
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195 | (1) |
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196 | (8) |
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198 | (1) |
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Choose the Best People to Work With |
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199 | (1) |
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200 | (4) |
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Advertising and Marketing Considerations |
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204 | (2) |
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Maintain Some Marketing and Advertising Control |
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204 | (1) |
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205 | (1) |
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206 | (1) |
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Market by Educating Your Customers |
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206 | (1) |
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207 | (2) |
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Chapter 12 Effectively Controlling Your Finances |
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209 | (16) |
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Number Crunch Your Way to Financial Success |
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210 | (3) |
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213 | (2) |
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There Will Be Tough Financial Times |
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215 | (1) |
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Consider Your Bank as a Resource |
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216 | (1) |
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217 | (1) |
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217 | (3) |
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Ways to Exchange Currencies |
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219 | (1) |
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Taxes and Other Considerations |
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220 | (2) |
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221 | (1) |
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221 | (1) |
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221 | (1) |
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Planes, Trains, and Automobiles |
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221 | (1) |
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222 | (1) |
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223 | (2) |
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Chapter 13 Fair Winds or Foul Seas |
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225 | (4) |
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Develop a Passion for Your Work |
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226 | (3) |
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Chapter 14 More Advice from International Trading Experts |
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229 | (16) |
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Ethan Frisch, Cofounder, Burlap & Barrel Single Origin Spices |
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230 | (5) |
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Umberto Luchini, President, Wolf Spirit Distillery |
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235 | (4) |
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Schuyler "Rocky" Reidel, Managing Attorney, Reidel Law Firm |
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239 | (6) |
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Appendix: International Trade Resources |
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245 | (8) |
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246 | (1) |
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Customs Brokers and Freight Forwarders |
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246 | (1) |
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247 | (1) |
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Helpful Government Agencies--Import/Export |
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247 | (1) |
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Helpful Related Government Agencies |
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248 | (2) |
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International Trade Directories |
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250 | (1) |
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Magazines and Publications |
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250 | (1) |
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250 | (1) |
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250 | (1) |
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Miscellaneous International Business Websites |
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251 | (1) |
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251 | (1) |
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Successful International Trade Businesses |
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251 | (1) |
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Trade Leads and Education |
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252 | (1) |
Glossary |
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253 | (12) |
Index |
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