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IDENTIFICATION AND MEASUREMENT OF EXCHANGE RISKS : In foreign trade, you may be either an exporter or an importer. Let us now examine what is the exchange risk to which an exporter or an importer is exposed.
The exchange risk arises because there is a time gap between the shipment of goods and the receipt and payment of the price thereof. And the exchange rate of the currency involved may undergo a change in the time period invoked if you are an exporter, you receive less rupees than you expected. If you are an importer, you might have to pay more than what you bargained for. Let us first see the position as an exporter.
Forward Quotations : Forward rates can be expressed in two ways. Commercial customers are usually quoted the .actual price which is referred to the outright rate. On the other han
what stage is sprite in the business life cycle?
PROCESS MARKETING INFORMATION SYSTEM.
OBJECTIVES After studying this Unit, you should be able to: 1. Explain stages involved in export cargo shipment 2. Discuss the policy for Central Excise Rebate on expor
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DUTY EXEMPTION SCHEME : Registered exporters are eligible for the facility of duty free import of raw materials, components, packing materials, etc., required for manufacture of t
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METHODS OF DISPUTE SETTLEMENT : There are many reasons due to which a dispute may arise between an exporter and an I importer. A common cause for dispute relates to quality. Und
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