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Legal Perspective : Besides commercial necessity, documents for exports have a legal perspective. All over the world, laws regulating export-import trade as we11 as movement of foreign exchange have been enacted. In some countries, the regulations are few which are enforced through simple procedural and documentation formalities. In other countries, the regulations are many and the enforcement procedures are complex.
Why should there be regulations in foreign Made? There is perhaps no country in the world where movement of goods and money is absolutely free. The minimum regulations that one can think of is the one to record the movement of goods from and into a country. For this purpose, the exporter has to declare on a document the details of goods being exported by him. Other than these basic minimum requirements, the governments all over the world regulate movement of goods to protect political, economic, cultural and other inters its and for implementing trade agreements with other countries.
Some countries do not have political relations with the other. As a result, goods originating from such a country are not allowed to be imported. Thus, a country which does not permit flow of goods from certain countries has laid down the requirement of certificate of origin which states that the good are of the country which is exporting them For example some of the country in West Asia do not allow imports from countries of companies having any relation with Isral.
OBJECTIVES After studying this unit, you should be able to: 1. explain the nature of export sales contract 2. distinguish between domestic sales contract and export sal
Question 1: a. List down and discuss the different steps in the Marketing Research Process. b. Discuss the importance of correctly defining the research problem. Quest
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STATUTORY BASIS : Exchange control was introduced in India with the outbreak of second World War on September 3, 1939. This was done by virtual of the emergency powers derived u
Why was Cucina Fresca pasta successful? How would you compare the pizza opportunity to that for pasta? How would you compare the actual product development process for each?
Advance against Retention Money: Banks grant advances against retention money, which is payable within one year from the date of shipment. The advances granted upto 90 days. If su
Q: How Post Purchase behaviour of a consumer can be explained? Ans: Post-purchase behaviour engages all the consumers' activities and the experiences that follow the purchase.
Export Trade Control : Exports may be made freely except to the extent they are regulated by the provisions of Import-Export policy, 1997-2002 or any other law for the time being
prepare a list of five products by your family.indicate who is the information gatherer, the influencer, the decision maker, the purchaser and the user
discuss perception of risk is critical to the customer whem making a puchase decision.
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