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Glossary Supply Chain / Term

trade program

A government or international organization program that specifies duties, tariffs, documentation and other conditions for countries doing business within the program. Trade programs are often designed to spur business for companies and countries inside the program, at the exclusion or penalty to outside companies. Consideration of established and proposed trade programs are critical in evaluating sourcing, facility locations and other factors.

Permanent link trade program - Creation date 2021-11-03


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