Attempt all the questions described below:
Question 1: In export-import trade, people are dealing in documents and not in goods. Critically observe this statement.
Question 2: What do you mean by the term post-shipment finance? Describe different methods of post-shipment finance.
Question 3: Comment on the given statements:
a) Credit is a main weapon of international competition however it involves risk.
b) Export incentives have become a universal practice.
Question 4: Write short notes on the given:
a) Export Promotion Councils and Commodity Boards.
b) Duty Exemption/Remission scheme.
Question 5: Differentiate between:
a) Liner Shipping Services and Tramp Shipping Services.
b) Voyage Charter and Time Charter.