BA101 Introduction to Business International Business Module
BA101 Introduction to Business International Business Module
BA101 Introduction to Business International Business Module
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The Economic Importance of<br />
<strong>International</strong> Logistics<br />
� The costs of <strong>International</strong> Logistics represent<br />
about 15% of the <strong>to</strong>tal volume of the<br />
international trade; that is about US$ 1.5<br />
trillion world-wide.<br />
� In addition, <strong>International</strong> logistics generate<br />
approximately US $500 billion in additional<br />
government revenues (Cus<strong>to</strong>ms duty).<br />
The Eli Broad Graduate School of Management,<br />
Michigan State University, 2008