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This lesson examines the importance of customs compliance and risk management in international trade. Students will learn how companies identify, prevent, and manage legal, financial, and operational risks related to cross-border logistics.
Key topics include:
• Customs compliance requirements
• Legal, financial, and operational risks
• Risk management strategies and internal controls
• Use of technology, brokers, and certification programs (AEO)
By the end of this lesson, students will be able to apply compliance and risk management principles to reduce delays, avoid penalties, and protect supply chain performance.