The devaluation of currency of a country is done when
1. it has adverse balance of payment.
2. it has favourable balance of payment.
Select the correct answer
How to enter in the Global Market? Arrange serially.
1. Deciding whether to go abroad.
2. Deciding on the marketing organisation.
3. Deciding how to enter the market.
4. Deciding on marketing programme.
5. Deciding in which market to enter.
Which of the following documents are required in export documentation?
1. Airway bill and transport documentation
2. Guaranteed Remittance (GR) form
3. Certificate of measurement
4. Certificate of inspection
5. Freight declaration
6. Shipping bill
7. Bill of import
8. Certificate of origin
9. Bill of lading
10. Mate's receipt
Select the correct answer
Suppose that the domestic government allows a specific number of goods to be imported each year, but it does not specify from where the product is shipped or who is permitted to import. Such a trade barrier is known as
Arrange the following in correct sequence of pre-shipment export procedure.
1. Approaching foreign buyers
2. Inquiring and making an offer
3. The letter of credit is opened by the importer
4. Exporter obtains ta pre-shipment finance
5. Exporter arranges for the production
6. Exporter then properly packs and marks the goods with details
7. Exporter then contacts the Export Inspection Agency (EIA) to obtain a inspection certificate
8. Exporter then seeks for exemptions under central excise duty
9. Exporter then obtains the insurance cover under the ECGE
10. Exporter appoints a Clearing and Forwarding (C & F)
