Cross Trade (CT)

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Cross Trade (CT)

 

Cross trade, also known as triangular trade, involves the direct shipment of cargo from one country to another without passing through the local business base. It is a cost-effective and efficient method of moving goods from manufacturers to customers. By bypassing the need for routing shipments through the home country, cross trade eliminates logistical complexities and reduces costs. It enables businesses to engage in international trade without geographical limitations or the need for physical presence in each country. Cross trade facilitates direct transactions between suppliers and buyers, optimizing supply chain efficiency and global trade operations. It plays a crucial role in facilitating direct trade relationships and streamlining logistics for efficient global delivery of goods.

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