BUS 4220 (INTERNATIONAL BUSINESS) - Duval

PRACTICAL MATTERS

The following are a collection of links that outline some of the practicalities and basics of international business-associated transactions.

Bills of Lading

Letter of credit

Harmonised trade codes

All goods shipped internationally will have a six-digit code attached to them. This is part of what is known as the Harmonised System (HS) of codes.

Tariffs

Many countries (including Canada) impose tariffs on inbound goods. The amount charged to importers is based on the HS code system described above.