Free Trade Agreements (or Preference Programs) are becoming increasingly popular among global companies searching for ways to reduce costs and remain competitive. Today, many executives view free trade agreements (FTAs) as imperative because their company's lack of participation results in money "left on the table."
But the intricacies of FTAs can be complicated. And NAFTA, which became the model for most future trade agreements and is one of the most widely used FTAs today, is highly complex. Plus, to be successful and benefit from the full potential FTAs offer, companies must use multiple trade agreements signed between countries around the globe.
This white paper outlines how and why companies can implement and benefit from building a portfolio of FTAs. Its findings are the result of a survey of over 300 respondents across many different industry verticals and revenue size. The report uncovers many known characteristics of free trade agreements, and divulges key insider information related to program management challenges, monetary savings, legal responsibilities, and strategies to help your firm initiate and sustain an effective program. Click here for more.
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