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Unlike joint ventures, drug makers based abroad can include insurance and freight charges in calculating the baseline for their profit margins.
ECONOMIST: Pharmaceuticals in China
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These are the impediments to the movement of people and goods brought on by Sept. 11: the wasted hours of employees showing IDs to get into their building, the delays at the airport, the backlog of trucks at the border, the increased cost of air freight, the dead weight of higher insurance premiums.
FORBES: The Detour Economy
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These are the impediments to the movement of people and goods brought on by Sept. 11: the wasted hours of employees showing proof of identification to get in their building, the delays at the airport, the backlog of trucks at the border, the increased cost of air freight, the dead weight of higher insurance premiums.
FORBES: The Detour Economy