Vidyalelo
Management · all questions

Foreign Trade Policy
practice.

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Which of the following is/are principles of valuation for BoP account?

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General Agreement on Trade in Services (GATS) will not he applicable to

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The devaluation of currency of a country is done when
1. it has adverse balance of payment.
2. it has favourable balance of payment.
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How to enter in the Global Market? Arrange serially.
1. Deciding whether to go abroad.
2. Deciding on the marketing organisation.
3. Deciding how to enter the market.
4. Deciding on marketing programme.
5. Deciding in which market to enter.

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Which of the following documents are required in export documentation? 1. Airway bill and transport documentation
2. Guaranteed Remittance (GR) form
3. Certificate of measurement
4. Certificate of inspection
5. Freight declaration
6. Shipping bill
7. Bill of import
8. Certificate of origin
9. Bill of lading
10. Mate's receipt
Select the correct answer

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Suppose that the domestic government allows a specific number of goods to be imported each year, but it does not specify from where the product is shipped or who is permitted to import. Such a trade barrier is known as

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Arrange the following in correct sequence of pre-shipment export procedure.
1. Approaching foreign buyers
2. Inquiring and making an offer
3. The letter of credit is opened by the importer
4. Exporter obtains ta pre-shipment finance
5. Exporter arranges for the production
6. Exporter then properly packs and marks the goods with details
7. Exporter then contacts the Export Inspection Agency (EIA) to obtain a inspection certificate
8. Exporter then seeks for exemptions under central excise duty
9. Exporter then obtains the insurance cover under the ECGE
10. Exporter appoints a Clearing and Forwarding (C & F)

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Which of the following is not balance of payment?

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Presently in india, rupee covertability in foreign exchange is

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The . . . . . . . . include the value of merchandise exports and the value of merchandise imports.

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Match the items given in List-I and List-II.
List-I List-II
a. Beggar thy Neighbour Trade policy 1. Having low factor of interdependence
b. Mercantilism theory 2. Having an advantage of earning a return on knowledge asset
c. Multi-domestic strategy 3. Alleviating some domestic economic problem by exporting to foreign countries
d. Turnkey project 4. Propagates encouragement of exports and discouraging imports

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Which of the following statement is correct?

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Which of the following pairs is not correctly matched?

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Which of the following is not the items of current account?

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The following statements are related to patents. Which of the following statements that are not correct.
Statement I Patent is aimed to encourage economic and technological development.
Statement II Patent can be protected only for a limited period.
Statement III The law of patent is international in its operation.
Statement IV When the patent right expire, the technology becomes public property.

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Who has demonstrated how prosperity of one country brings prosperity to other countries parttcipatmg in international trade?

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What are countervailing measures?

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Which of the following mode of service, as per GATS, involves allowing the foreign nationals i.e. the natural persons to provide services in other countries?

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The BoP is composed of two accounts, They are

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Which of the statements best describe the typical behaviour of national governments towards imports and exports?

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