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Entering a new market comes with risk

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Reference no: EM133150545

Countries that borrow from the international monetary fund receives more benefits than harms.

Supplier : spiritex organic cotton

wholesale apparel (US COMPANY)

Product: Organic cotton

Based of this information answer the following

  1. New Market Risk. Entering a new market comes with risk. 
  2. What financial risks are present in the host (foreign) country? 
  3. What are the political and economic risks of the host country? Outline measures you will put in place to mitigate these risks. 
  4. Discuss the product risks and align the appropriate risk with your product/ raw material? Outline measures you will put in place to mitigate these risks. 
  5. Discuss the different methods of payment and outline why you chose the letter of credit.
  6. Will the product/ raw material attract import duties? Is there any trade agreement between Canada and your country of choice? Explain your answer.

Reference no: EM133150545

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