International Trade Management

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National Institute of Business Management

Chennai - 020

FOURTH SEMESTER MBA

Subject : International Trade Management

Attend any 4 questions.  Each question carries 25 marks

(Each answer should be of minimum 2 pages / of 300 words)

1.Write a detailed account on Container Corporation of India and its functioning.

Answer:

2.What are the facilities for project exporters? Explain.

Answer:

3.Explain the types of Bills of Lading.

Answer: Sometimes misspelled as "Bill of Landing," the Bill of Lading (BOL) is a legal document between the shipping carrier and your business stating the your shipping carrier has received the goods you're shipping with them. For most every type of shipping there is a unique Bill of Lading layout that provides specific instructions for the shipping carrier.

Before discussing the 12 common types of Bill of Lading forms,

4.Write an essay on Foreign Trade Policy.

Answer: All exports and import-related activities are governed by the Foreign Trade Policy (FTP), which is mainly aimed at enhancing the country's exports and use trade expansion as an effective instrument of economic growth and employment generation.

As part of the FTP strategy of market expansion, India has signed a Comprehensive Economic Partnership Agreement with South Korea which will give enhanced market access to Indian exports. These trade agreements are in line with India’s Look East

5.Write an essay on Export Documentation.

Answer: In almost all countries, a onetime licensing procedure to act as an Exporter/Importer is required to be completed. In India, IEC number (Import Export Code number) is required to act as an Importer or Exporter.

If you are an exporter, you would have already set up an Export company by following necessary government rules and regulations. By choosing your

6.What are the risks covered under the shipments (Comprehensive Risks) policy, ECAC? Explain.

Answer: Suitability

               

Shipments (Comprehensive Risks) Policy, which is commonly known as the Standard Policy, is the one ideally suited to cover risks in respect of goods exported on short-term credit, i.e. credit not exceeding 180 days.

 Salient Features

               

This policy covers both commercial and political risks from the date of shipment.

It is issued to exporters whose anticipated export turnover

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