Mostafa Nezamparvar

Page 49 of the supplied copy

Lesson 37: Risk Management

English translation of the author’s Persian text. Source-page references refer to the original edition.

Author: Mostafa Nezamparvar · Original book text

Identifying currency, regulatory and transport risks and designing an alternative route
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Risk Management

(Risk Management).

International trade always involves various risks: exchange-rate fluctuations, changes in trade rules, transport problems and so on. You must be able to identify the risks and have a backup plan for each. The problem is that you do not even have a plan for one day without internet access, let alone risks worth billions.