AB Company exports approximately 12 shipments to the US annually, the value per shipment is between US$5000.00
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Question:
AB Company exports approximately 12 shipments to the US annually, the value per shipment is between US$5000.00 - US$10000.00. The annual cost for a US Customs bond for US$50000.00 is US$325.00. The Cost per shipment, without a bond is between US$75.00 - US$150.00. Not to mention the inconvenience and delays of shipment. Explain in detail what US customs bond(s) would you recommend to AB Company and why. (Justify your answer.)
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