How Does My Korean Made TV Arrive in America?

Chances are that nice television hanging in your entertainment room was not made in America.  During my MBA program I took some courses that focused on the globalization of the world economy.  There are many advantages to a global economy such as the free flow of capital and technology from one country to another helps with industrialization which in turn increases the global investment. Pre shipment finance may have been used to bring that beautiful 52 inch LED Flat Panel to a store near me.  Sometimes the term may be referred to as packing credit.  A manufacturer of televisions may...