International Trade - the Ins and Outs of Import and Export by John Gates

International Trade - the Ins and Outs of Import and Export

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  • Genre Law
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Description

Every year, thousands of entrepreneurs take their first step into international trade with courage, a good product, and a dangerous gap in their knowledge. Most of what goes wrong is not the result of bad luck or dishonesty. It is the result of not knowing what they did not know.

International Trade: The Ins and Outs of Import and Export is the foundational volume in the International Trade and Transport Law Library — a practical, experience-driven guide written by an international trade and transport lawyer who has spent decades on both sides of the transaction: in the courtroom, watching brave entrepreneurs pay for the mistakes nobody warned them about, and in the cargo shed, learning first-hand how goods move across the world and what happens when they don't arrive as intended.

This is not a textbook. It is a map of the territory — honest, direct, and built on real experience. It covers every stage of the international trade journey: market research and product adaptation; intellectual property protection in markets where the rules are different; finding and verifying suppliers and buyers; understanding the contract that will govern your deal and the Incoterms that define your risk; the mechanics of letters of credit, documentary collections, and trade finance; the logistics chain from factory floor to buyer's warehouse; marine cargo insurance and why the details matter; customs classification, tariffs, and the Harmonised System; packaging, labelling, and container selection; and the practical realities of doing business in foreign markets, from negotiating across cultures to travelling safely.

Woven throughout is the mantra that experienced international traders know in their bones: "You don't know what you don't know." The unknown unknowns — the risks that are invisible until they are not — are what this book is designed to illuminate. From the spoiled prawn cargo stranded off the California coast to the beautifully drafted Chinese contract that could not be enforced, the anecdotes here are drawn from real practice and real consequence.

Whether you are a manufacturer ready to export for the first time, an entrepreneur considering importing a product from Asia, or a business owner who wants to understand what their freight forwarder and customs broker are actually doing on your behalf, this book gives you the knowledge to ask the right questions, take the right risks, and avoid the expensive ones.

Book One of the International Trade and Transport Law Library. Book Two: Bills of Lading in Shipping Law: An Australian Perspective.

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