Explanation should include defining
- third-party logistics (3PL)
- export trading company
- export management company
- customs house broker
- freight forwarder
and describing the functions performed by each.
Process/Skill Questions:
- What are the duties of an export management company? An export trading company? A freight forwarder? A customs house broker?
- What are the advantages and disadvantages of using each type of international intermediary?
- What information must shipping labels of exported goods contain?
- Why are universal package symbols used when exporting products to other countries?
- Given a selected country, what are the major components of infrastructure that would affect trade?