Attempt all the questions
Question1) Explain the different kinds of commercial documents used in export. Discuss the importance of commercial invoice and bill of lading.
Question2)(a) Explain the various factors which may motivate a firm to export.
(b) Describe the methods of dispute settlement in international trade.
Question3)(a) Explain the foreign trade policy related to export.
(b) What do you understand by cargo insurance? Why must the goods be insured?
Question4) Differentiate the following:
(a) FOB Contract and CIF Contract
(b) Total Loss and Particular Loss
Question5) Write brief notes on the following:
(a) Export Licensing
(b) Procedure for Claiming Duty Drawback