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.

