• International Commerce and Information Review
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• v.14 no.3
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• pp.513-536
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• 2012

This study aims to examine the status and problems of trade risk management of Korean companies in Incheon area trading with China and to suggest some improvement measures. On the survey with twenty five questions on company profiles, business process and transactions, claims and trade risks, etc. with Chinese trading partners, the following facts are found. In general, Chinese policies on foreign trade, finance, labour, investment, etc. and China's logistics system have caused great worries to Korean companies in Incheon area. This kind of risks from Chinese government policies and China's economic structure are beyond control of each company. Korean government should take more effective measures to negotiate with Chinese government. In the stage of contract, procurement and transportation, settlement, disputes resolution and etc. Korean companies in Incheon area also have many problems with relatively high risks with Chinese trading partners. Based on these survey results, some suggestions for better trade risk management are given.

• 한국무역상무학회:학술대회논문집
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• 2005.12a
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• pp.97-125
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• 2005

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.49
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• pp.379-405
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• 2011

With the fast growing of international trade and ever-changing trade environment Korea is facing more risks in international trade and they are getting more diverse and happen more frequent with high severity. Big firms of international trade are ready and treat the risks quite well, but small and medium size firms have hard time to manage the risks due to their poor understanding, not much capital to spend, and weak skills of risk management. Holding significant size of international trade of Korea, the small and medium size firms need systematic and integrated risk management and the K-sure(former Korea Export Insurance) can make a significant contribution to help them manage risks in international trade business. This study is proposing the adoption of ERM(Enterprise Risk Management) for international trade business of Korea. Especially for small and medium size firms of international trade, the K-sure may set up integrated risk management system to help them and promote the export growth, which is a great mission of K-sure.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.72
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• pp.115-137
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• 2016

Trade can be greatly influenced by the change of international trade environment due to the characteristics of remote transactions. Furthermore, in the circumstance of emphasizing the national security again, the importance of the risk management of special materials has been increasing. As it was noted at Chapter 4, significant results such as the threat of enterprises' sustainable growth can be occurred when companies are related to the unlawful export of strategic materials or experience discouragement of export of main products. As the decision of strategic materials greatly depend on a specialized knowledge there is a possibility of misjudgement of strategic materials in terms of ordinary companies which is not accustomed to them. Furthermore risk management is more difficult due to the inclusion to the items of export license. To prepare such a risk of export of strategic materials, firstly, it should be checked to find whether counter traders are working in the industry which is not related to the spread of weapons of mass destruction, secondly, an appropriate process shall be designed and operated for products to be safely delivered to the trade counter. Therefore, our export enterprises have to introduce CP(Compliance Program), AEO or ISO28000 considering suitability for their actual situations not only to promote export and but also to avoid risk of export control and additional expenses. Through these appropriate processes, an efficient and effective management of the trade risk of strategic materials can be accomplished.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.63
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• pp.245-260
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• 2014

This study is aimed to summarize a tense situation of Risk management for Kaesong Industrial Business Enterprise in 2013 and to investigate trade insurance of K-sure. Now we have to find a new way to protect Kaesong Industrial Business Enterprises from uncertain environment and also need to prevent a recurrence of parallel cases in the domain of South-North economic cooperation in Korean peninsula. There are two method to protect Kaesong Industrial Business Enterprises. First they rely on the Korea government for protection. Second they need to effect trade insurance of K-sure. such as Export Credit Guaranty or Short-term Export Insurance. They shall create a wise predictable environment to protect Kaesong Industrial Business Enterprises themselves without resort to Korea government. Of course there are many things left behind to consider I hope it will be helpful to those who prepare South-North economic cooperation especially in Kaesong Industrial Complex.

• International Commerce and Information Review
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• v.3 no.1
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• pp.69-81
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• 2001

인터넷무역은 Global Marketing이 가능하고 거래처 발굴이 용이하기 때문에 저렴하고 손 쉽게 무역기회를 창출할 수 있다. 그러나 이러한 장점과 동시에 인터넷은 수많은 경로를 통해 정보를 전달하거나 수신되기 때문에 검증되지 않은 정보를 접할 가능성이 높고 익명과 비대면(非對面)으로 이루어지기 때문에 이를 통해 발생하는 리스크도 커지게 된다. 특히 IMF 이후 해외바이어들이 내수시장 침체를 만회하기 위한 국내 업체들의 수출확대 심리를 이용하여 외상으로 상품을 받은 후 대금을 지불하지 않는 등 인터넷을 통한 무역사기가 급증하고 있다. 본 연구에서는 인터넷무역 피해사례를 살며보고 이를 통해 피해 발생원인을 분석하고 사기예방을 위한 몇 가지 방안을 제시하고 있다. 인터넷무역 피해는 인터넷의 특성에 기인한 바가 없지 않으나 상당 부분이 무역업체들의 노력 부족에 기인하고 있다. 따라서 사기예방을 위해서는 제도적인 접근도 중요하나 무엇보다 무역업체 스스로 세심한 주의와 철저한 사전작업이 선행되어야 할 것이다.

• Journal of Convergence for Information Technology
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• v.9 no.10
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• pp.48-55
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• 2019

This study argued problems and improvement of export support system for SMEs in the uncertain world global trade environment with G2(US-China) risk. In SMEs export support system, The authorities needs stronger control tower to promote consistent export support policies. There is also another problem of repetitious work that export support system has been operated by individual project. In order to overcome these problems, first, the authorities set clearly organization to control various export support policies. Second, export support system needs the efficient operation based on long term road map. Third, the authorities defines clear roles and responsibilities of supporting units, and enhances cooperation between the different organizations. Finally, the system should arrange performance evaluation index and feedback system to build the desirable export support system.

• The Optical Journal
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• s.103
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• pp.95-95
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• 2006

전략물자라 함은 군전용의 물자만이 아닌 민수품까지도 포괄하는 개념으로서 분쟁국가나 국제평화를 저해할 우려가 있는 국가로 수출이 되어 군사력의 과도한 확장에 이용되지 않도록 하기위한 제도가 전략물자 수출통제제도이다. 국제사회에서 안보와 평화를 위한 규범으로 시행되고 있는 전략물자 수출통제 강화 추세에 적절히 대응하지 못할 경우, 우리 업체의 피해는 물론 국가 이미지에 심대한 타격을 받을 수 있으므로 우리나라도 정부 · 기업이 역할을 분담하는 방향으로 전략물자 수출통제 강화방안이 마련되었다. 본 고에서는 기업리스크 관리를 위한 전략물자 무역관리를 위해 한국무역협회에서 발간한 '알기 쉽게 풀어 쓴 전략물자 무역관리' 내용을 발췌하여 연재한다.

• Journal of Korea Port Economic Association
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• v.40 no.3
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• pp.187-210
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• 2024

This study examines the factors influencing container shipping carrier selection among coastal shippers in China amid the pressing external challenges posed by the U.S.-China trade conflict and the COVID-19 pandemic, during a period when China is implementing policies to open its maritime market. Using Partial Least Squares Structural Equation Modeling (PLS-SEM) to analyze survey data, the research identifies multi-modal transportation services, carrier operational capabilities, and logistics risk management as key determinants. Notably, salesperson professionalism, cargo safety, and fleet stability during peak periods emerged as critical factors for shippers. The disruptions caused by the trade conflict and the pandemic have heightened shippers' focus on risk management and transportation reliability, further emphasizing the importance of carrier service quality and operational capabilities. This study underscores the need for carriers to strengthen their risk management capacities and enhance service quality in response to shifting global conditions. Additionally, the findings suggest that policymakers should consider regulatory adjustments to mitigate uncertainties in the shipping industry. Future research should delve deeper into the long-term impacts of external shocks on carrier selection decisions.

• Korea Trade Review
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• v.43 no.2
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• pp.127-157
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• 2018

This paper investigates how blockchain technology which is an innovation technology of the 4th Industrial Revolution has been settled in international trade. FinTech technology is expected to expand because a new remittance method for replacing the letter of credit has been introduced. In addition, since the purchase of individual customers makes international trade increase rapidly, more convenient FinTech technology will stand in a spotlight. Thus, we confirm that cryptocurrency use will increase in order to maintain stability and reduce risk in international transactions. However, since the legal standing of blockchain technology is now insufficient, the slow spread of FinTech technology will be made for a while.