International trade has become an integral part of the global economy, fostering economic growth, job creation, and access to a wider range of products and services. However, with the rewards come risks. Engaging in international trade exposes businesses to a multitude of challenges, including financial, operational, legal, and geopolitical risks. Successful international trade demands a comprehensive approach to risk management. In this article, we will explore the challenges associated with international trade and the strategies to mitigate and manage these risks effectively.
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