Apr
29
Inserito da Monica il 29 April 2008
I was just reading an article about High Sea Sugar. I did not know that such a practice existed! Essentially it is what happens when a company that is exporting sugar leaves port without having a buyer already lined up. After it leaves port a buyer is found for the sugar. Doing this lowers the cost of the sugar to the buyer because the buyer can then buy the sugar without having to pay a local sales tax. This helps keep the costs down for the consumer. I didn’t know this practice existed, but it makes perfect sense to me!
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