Think It's A Breeze Moving Goods Between The U.S. And Mexico?

Most companies realize that regulations affect the export process, but few people in any company regularly consider the broad range of activities that are regulated. Regulations can affect or even define each major decision related to an export - from whether to export to how to receive payment. Reg...

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Bibliographic Details
Published in:World Trade 2005-01, Vol.18 (1), p.52
Main Author: Schmidt, Susan M
Format: Article
Language:English
Subjects:
Credibility
Criminal liability
Economic development
Effects
Exports
International markets
International trade
North American Free Trade Agreement
Private sector
Regulation
Regulatory agencies
Trade agreements
Trade restrictions
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Summary:Most companies realize that regulations affect the export process, but few people in any company regularly consider the broad range of activities that are regulated. Regulations can affect or even define each major decision related to an export - from whether to export to how to receive payment. Regulations affect trade and thus must be understood, but understanding the regulations alone is not sufficient. The regulatory regime, the application of the regulations and the actions of regulators, is equally, if not more, important for doing business. Regulatory regimes that are not transparent, consistent and efficient are unlikely to allow businesses and countries to achieve the objectives of a trade agreement. International businesses soon realize that no two countries are the same. They also understand that regulatory regimes have broader political, economic and administrative dynamics.
ISSN:1949-9140
1949-9159