International Marketing Practices

Prior to finalizing your destination country and drafting a business plan, you should explore how active Free Trade Agreements might benefit you [38]. To help determine what tariffs will be associated with your products, you can use the International Trade Administration’s FTA Tool, available at https://beta.trade.gov/fta.

Table 10. U.S. Free Trade Agreements [37, 42].

Country Australia Bahrain

Implementation Year

Country

Implementation Year

2005 2006 2004 2012 1985 2001

Korea

2012 2006 1994 2009 2012 2009

Morocco NAFTA 2

Chile

Colombia DR-CAFTA 1

Oman

2006-2009

Panama

Israel Jordan

Peru

Singapore 2004 1 DR-CAFTA: Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua 2 NAFTA: Canada and Mexico (was being renegotiated at the time of writing) Trade of forest products, or any other product, depends on many factors, including foreign policy, income level, investment, transportation costs, technology, exchange rates, trade policy, consumer behavior, competitiveness, and many others. As outlined in the box below, factors beyond the control of exporters or importers can dramatically affect trade between two countries.

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