Trade
World trade publishers Incoterms
This is a document which states in which country the goods were produced. Mainly it is required while making claims for duties. This document may be required b the importing country for their authorities to identify where the goods were manufactured. This is important in assessing if the goods are qualified for preferential tariffs. The […]
India: Foreign Trade Policy
India: Foreign Trade PolicyAlthough India has steadily opened up its economy, its tariffs continue to be high when compared with other countries, and its investment norms are still restrictive. This leads some to see India as a ‘rapid globalizer’ while others still see it as a ‘highly protectionist’ economy. Till the early 1990s, India was a closed […]
Managing Global Trade Operations
Introduction This purpose of this document is to discuss the trade between McDaniel’s Commodities UK Ltd and Yamaha Koshimoto (YK) Impex Japan. The document specifies the seller’s conditions for the completion of the export of dried cassava chips to YK Impex Company. The transportation method, payment terms, required documentation and other important inputs, processes and […]
Why have policies of trade liberalisation been applied to Brazil
There are numerous aspects resulting in policies of trade liberalisation being applied to Brazil. The main driving forces behind these policies are outlined below focussing in particular on government intervention, interest groups and election campaigns. With a population of almost 200 million, and with more than 25% of its population surviving on under $2 USD […]
Bilateral Trade Between Eu and Western Balkan
The paper focuses on the bilateral trade between Western Balkans countries and the EU and enfaces on agreements, regularity of the trade, scope and analysis of the trade flow. It also explains which are the Western Balkans countries, economical characteristics, contractual connection with the EU. It is consisted of three parts. In first part is […]
What Are the Advantages of Trade Liberalization
Trade liberalization seems to have increased growth and income through lower price, advanced inputs, technology sharing and access to various infrastructures. However, these gains have been appeared as inverse in case of low-income countries. Great thinkers like Milton Friedman, Adam Smith, David Ricardo, Heckscher- Ohlin and others advocate for free trade. Such great thinkers claim […]
CIF Trade terms
The contract between parties is a CIF (cost, insurance and freight) contract and as such, the Seller is required to arrange the carriage of the goods, their insurance in transit and all costs of such arrangements are usually included in the contract price (Bridge, 2007). Furthermore, an essential element of a CIF seller’s duty is […]
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