Page 21 - eBook: EXIM for Beginner
P. 21

iv) Requirements of Exporting Country
       In addition to the importing country's regulations, the

       exporter must always adhere to the exporter's home

       country's specific rules, documentation, and procedures.
       These       requirements            must       be      met      as      part       of    the

       preparation process.



       v) Extra Costs.

       The up-front expenditures of generating new promotional

       materials,         assigning          people          to     travel,       and        other

       administrative costs related with marketing the product
       can put a strain on small businesses' limited financial

       resources.
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