International trade refers to the exchange of goods and service between countries. International trade expert witnesses may be called upon for cases based on an incident involving the method of trading, as well as issues with the goods or services being bought or sold. Since the parties involved with such exchanges adhere to different customs regarding business and financial concerns, a lawsuit may result over misunderstandings, contractual breaches, or disagreements with other areas of the trade.
International trade expert witnesses are often experienced with international insurance, international tax law, trademarks, international policies, trade dress, and other areas related to international business, exchange, and commerce. International trade is heavily involved with finance, making knowledge of international accounting, taxation, economic forecasting, business valuation, tariff, purchase order finance, credit analysis, revenue, royalties, accounts receivable financing, financial modeling, and financial planning major aspects of the discipline.
Those involved with import/export practices must adhere to international customs, as well as the rules and regulations regarding trade. International trade expert witnesses are also experienced with general business practices, such as leases, mergers and acquisitions, inventory control, management, warehousing distribution, and due diligence. Lawsuits may also occur over product defects, infringement, unfair competition, poor regulations, or fraud. Whether the lawsuit involves food and beverage, apparel, electronics, or any other type of product, finding a credible international trade expert witness may be a crucial factor in the event of litigation.
For more than twenty years, ForensisGroup has provided attorneys with top business experts. Contact us today or submit an expert request form for further information on retaining the right international trade expert witness for your case.
