Asian Clearing Union (ACU) At A Glance Asian Clearing Union (ACU) At A Glance: Asian Clearing Union (ACU) is a payment arrangement whereby the participants settle payments for intra-regional transactions among the participating central banks on a net multilateral basis. The main objectives of the clearing union are to facilitate […]
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Factors influencing Foreign Direct Investment in a country like Bangladesh
Discuss the factors influencing Foreign Direct Investment in a country like Bangladesh Factors influencing Foreign Direct Investment in a Country: Foreign Direct Investors look into various factors before making investment decision in a country. After 1990, in India, the government adopted a New Economic Policy which promoted the policy of […]
Read moreIslamic Banking Deposit Products
Islamic Banking Deposit Products Islamic Banking Deposit Products: Islamic banks receive deposits under two principles: i) Al-Wadeeah principle. ii) Mudaraba principle. Al-Wadeeah: The fund which is deposited with Banks by the depositors with clear permission to utilize/invest the same is called Al-Wadeeah. Islamic banks receive deposits in Current Accounts on […]
Read moreOverview of International Trade and Foreign Exchange
Overview of International Trade and Foreign Exchange Overview of International Trade and Foreign Exchange. Definition of International Trade/Foreign Trade: “Trade is essential an international transformation of commodities, inputs, and technology which promotes welfare in two ways. It extends the market of a country’s output beyond national frontiers and may ensure better […]
Read moreCredit facilities are provided by the banks to the exporters in Bangladesh
Credit facilities are provided by the banks to the exporters in Bangladesh Export plays a dominant role in the economy of our country. In the export trade, the exporter needs the finance at different stages right from the stage he gets an export order to supply the goods from an […]
Read moreDiscuss the process of import goods in Bangladesh
Discuss the process of import goods in Bangladesh Import Procedure: Step 1 – Registration with CCI & E: For engaging in international trade, even trader must be first registered with the Chief Controller of Import and Export (CCI & E). By paying specified registration fees to the CCI & E- […]
Read moreCommon Import and Export Documents are used In International Trade
Common Import and Export Documents are used In International Trade There are many documents involved in international trade, such as commercial documents, financial documents, transport documents, insurance documents and other international trade related documents. In processing the export consignment, documentation may be executed in up to four contracts: the export […]
Read moreDiscuss documents used in Foreign Trade of Bangladesh
Discuss documents used in Foreign Trade of Bangladesh Documentation Requirements Trade License IRC (Import Registration Certificate) ERC(Export Registration Certificate) VAT Registration certificate TIN Bonded Warehouse License Member Certificate issued by BGMEA/BKMEA Approval of Textile Office Registration of Export Promotion Bureau Fire License Memorandum of Articles of Association and Certificate of […]
Read moreCharacteristics of foreign trade or International Trade in Bangladesh
Characteristics of foreign trade or International Trade in Bangladesh Every foreign market has its own characteristics. It has own requirements, customs, traditions, weights and measures, marketing methods, etc. An extensive study of foreign markets is required to be successful in foreign trade, which may not be possessed by an ordinary […]
Read moreDiscuss the problems or limitations of foreign trade in Bangladesh
Discuss the problems or limitations of foreign trade Bangladesh Smooth foreign trade operation is essential for businesses to expand and flourish. It has a huge impact on a country’s economy. Unfortunately, Bangladesh lacks in several areas to make foreign trade easy for businesses to expand. This article gives you a […]
Read moreWhat are the key differences between domestic and International Business?
What are the key differences between domestic and International Business? Key Differences between Domestic and International Business Definition of Domestic business and International business Domestic business is the kind of trade that is limited geographically within a country. A domestic business involves commercial exchanges that are only done within that country . A […]
Read moreemail Marketing is effective in Banking arena
email Marketing is effective in Banking arena To know about email marketing, first you have to know the definition of Marketing. email Marketing is effective in Banking arena To know about email marketing, first you have to know the definition of Marketing Marketing is the process or technique or advertise […]
Read moreWhat are the Importance of International Business for economy?
What are the Importance of International Business for economy? What are the Importance of International Business for economy? The importance of international business: a) Earn foreign exchange: International business exports its goods and services all over the world. This helps to earn valuable foreign exchange. This foreign exchange is used […]
Read moreWhat are the reasons against foreign Trade?
What are the reasons against foreign Trade? The reasons against foreign Trade are given below: Following points explain the need and importance of foreign trade to a nation. Division of labour and specialisation Foreign trade leads to division of labour and specialisation at the world level. Some countries have abundant natural […]
Read moreDefinition of International Trade
Definition of International Trade What is foreign Trade or International Trade? Answer: Foreign trade is nothing but trade between the different countries of the world. It is also called as International trade, External trade or Inter-Regional trade. It consists of imports, exports and entrepot. The inflow of goods in […]
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