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CE Mark – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is a CE Mark?CE marking involves awarding a firm/organization a certification mark to indicate that it is conformity with environmental protection, health, and safety standards for traded products within the European Economic Area (EEA). CE marking is also...

ccTLD – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is ccTLD?ccTLD, short for country code top-level domain, is an internet domain reserved and used by/for a country, sovereign state, or a dependent territory that is identified by a country code.ccTLD is identified as two letters. In 2018, Internet Assigned...

Chaebol – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is Chaebol (Korea)?Chaebol is a business corporation structure that has its roots traced to South Korea during the 1960s. Chaebol is a worldwide multinational company with a large number of international operations. In Korea, the term Chaebol is used to refer to...

Countertrade (International) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is a Countertrade?Countertrade is a system of trade where buyers import machinery, equipment, technology, and raw materials from foreign manufacturers on a credit basis and agree to pay back the debt with other products or labor in a given time frame. Also,...

Countervailing Duties – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What are Countervailing Duties (CVDs)?Countervailing duties, another term for anti-subsidy tax and offset tariff, is a tariff that a Government issues (pursuant to World Trade Organization rules) to offset the benefit that exporters receive from subsidies paid by the...

Corruption Perception Index – Explained

by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations

What is the Corruption Perceptions Index (CPI)?The Corruption Perception Index (CPI) ranks countries annually according to the corruption levels as seen by risk analysts, entrepreneurs, and normal citizens. The CPI looks into the corruption at public sectors and...
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