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The government has given a number of incentives for the promotion of foreign trade. How they help in the encouragement of foreign trade ?


The different incentives given by government permit the exporters either to make out rightly duty free imports of raw materials and machinery as needed for producing goods and services for exports or to later claim refund of duties, if already paid, on such imports.
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The advantage/s of international business is/are :
  • Maximum exploitation of natural resources
  •  International cooperation
  • High standard of living
  • All the above

Which is the first step in export procedure ?
  • Obtaining export licence
  • Receipt of enquiry and sending quotations
  • Obtaining mate's receipt
  •  Insurance of goods

Write in brief the steps of export procedure.

Define Indent.

First 5 6 7 Last
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