Export import tutorial

Export import tutorial IMPORT Step One: THE PLAN The first step when importing is to determine why you are importing.¬† Ask yourself the following three questions: Is the product(s) you …

Objectives of Exchange Control

Objectives of Exchange Control (i) Protection of Balance of Payments. One of the important objectives of exchange control is protection of balance of payments. When the balance of payments deficit …

Foreign Exchange Regulation Act 1947

Foreign Exchange Regulation Act 1947 Foreign Exchange Regulation Act 1947:¬†There is an elaborate machinery to effectively operate the exchange control and regulation in the country. The machinery comprises the authorities …

Theory of International Trade

Theory of International Trade International Trade takes place because of the variations in productive factors in different countries. The variations of productive factors cause differences in price in different countries …