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The current low value of the dollar is viewed bymany manufacturers as an impediment toexporting to the United States, yet it can beturned into an advantage. Although the dollarsdecline made imported products more expensiveit also resulted in decreasing the cost ofestablishing and running a foreignowned US salesoffice. Not only is it shown why and howmanufacturers should establish their own UScompany, but also a new concept is introducedwhich can further reduce their costs by up to 75per cent, through the advent of time and costsharing with other exporters. Such savings canbe used to a reduce manufacturers US pricesb create an offshore profit at a lower tax rateor a combination of both.
Industrial Management & Data Systems – Emerald Publishing
Published: Jun 1, 1991
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