Historically, countries were free to estimate the value of an imported product at customs. Following the creation of the WTO, the member countries of the Organization agreed upon six methods for establishing a uniform valuation system.
Legal services in the United States are partially being outsourced to other countries to offset high costs. Latin American lawyers can seize this opportunity to carve a niche in this very profitable market.
Price is undoubtedly one of the most determining factors that buyers take into account upon judging the appeal of a product or service. It is a very delicate process where a price too high can avert prospective buyers while a price too low can generate losses or even create a bad image for the business.
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