Attempt all the problems
problem1) describe the different kinds of commercial documents used in export. Discuss the importance of commercial invoice and bill of lading.
problem2)(a) describe the various factors which may motivate a firm to export.
(b) Describe the methods of dispute settlement in international trade.
problem3)(a) describe the foreign trade policy related to export.
(b) What do you understand by cargo insurance? Why must the goods be insured?
problem4) Differentiate the following:
(a) FOB Contract and CIF Contract
(b) Total Loss and Particular Loss
problem5) prepare brief notes on the following:
(a) Export Licensing
(b) Procedure for Claiming Duty Drawback