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Navigate the complexities of international logistics and trade regulations. Explore the essential legal aspects, trade restrictions, agreements, and terms, including Incoterms 2020 and World Trade Organization (WTO) standards, crucial for managing global supply chains. Understand the impact of cultural differences, physical environments, labor supply, politics, and business models on international trade. Gain insights into import and export procedures, documentation requirements, and Canada's border security measures. Learn how Canada Customs ensures regulatory compliance and smooth flow of goods. Examine risk factors and apply mitigation strategies to make informed supply chain decisions, reducing risk probability and impact. Prepare to excel in managing the logistical challenges of the global market.