Rayyan Zainal

SCAC stands for Standard Carrier Alpha Code. The National Motor Freight Traffic Association publishes a list of codes that correspond to different inland carriers, and these codes may be used on export paperwork.

Trade compliance is the process of ensuring adherence to all the laws, rules, regulations and procedures governing all trade between two or more countries. As these system of obligations is determined per country (or economic region), compliance entails dealing with requirements of multiple countries. Compliance covers, among others, the following aspects: 1. Fiscal: classification of cargo, valuation, payment of duties and taxes; 2. Health, safety: measures to protect measures to protect humans, animals, and plants from diseases, pests, or contaminants; safely packing hazardous materials to avoid accidents during transport; measures to prevent dangerous products (posing risks to public safety) from entering the country, such as toys, fireworks and medicines that do not adhere with safety regulations; 3. Security, counter terrorism: measures to prevent the smuggling of weapons, the financing of terrorism or organized crime; 4. Strategic goods: measures to prevent enforce political decisions that strategic goods (e.g. weapons) should not be obtained by specific regimes, organizations or people; 5. Cultural goods: measures to protect cultural goods, i.e. goods that are deemed to belong to a country’s cultural heritage because of their great artistic, historical or archaeological value; 6. Counterfeit goods: measures to prevent the trade in counterfeit goods; 7. Environment: risks associated with the transport of waste substances.

Dear Anna, most important entrepot ports that I know of include Amsterdam, Venice, Hong Kong, Macao, and Dubai. I hope this is of help for you!

Hi Jacob. International trade theories are simply different theories to explain international trade. Trade is the concept of exchanging goods and services between two people or entities. International trade is then the concept of this exchange between people or entities in two different countries.