Ebook International Trade Procedures and Documentation: Part 1

Ebook International Trade Procedures and Documentation: Part 1 presents the following content: Export Procedure and Documentation; Methods of Payment and Incoterms; EXIM Strategies; Export Marketing – Going Global; Methods of Financing Exporters and Business Risk Management; Custom Clearance of Import and Export Cargo;...Please refer to the documentation for more details. 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sciousness of being observed and one emotion after another crept into her face like objects into a slowly developing pic- ture Her expression was curiously familiar—it was an expression I had often seen on women’s faces but on Myrtle Wilson’s face it seemed purposeless and inexplicable until I realized that her eyes, wide with jealous terror, were fixed not on Tom, but on Jordan Baker, whom she took to be his wife There is no confusion like the confusion of a simple mind, and as we drove away Tom was feeling the hot whips of panic His wife and his mistress, until an hour ago secure and inviolate, were slipping precipitately from his control Instinct made him step on the accelerator with the double purpose of overtaking Daisy and leaving Wilson behind, and we sped along toward Astoria at fifty miles an hour, until, among the spidery girders of the elevated, we came in sight of the easygoing blue coupé ‘Those big movies around Fiftieth Street are cool,’ sug- gested Jordan ‘I love New York on summer afternoons when every one’s away There’s something very sensuous about it—overripe, as if all sorts of funny fruits were going to fall into your hands.’ The word ‘sensuous’ had the effect of further disquieting Tom but before he could invent a protest the coupé came to a stop and Daisy signalled us to draw up alongside ‘Where are we going?’ she movies?’ ‘It’s so hot,’ she complained ‘You go We’ll ride around and meet you after.’ With an effort her wit rose faintly,     " # %"  "  %   - Edited by: Hitesh Jhanji sciousness of being observed and one emotion after another crept into her face like objects into a slowly developing pic- ture Her expression was curiously familiar—it was an expression I had often seen on women’s faces but on Myrtle Wilson’s face it seemed purposeless and inexplicable until I realized that her eyes, wide with jealous terror, were fixed not on Tom, but on Jordan Baker, whom she took to be his wife There is no confusion like the confusion of a simple mind, and as we drove away Tom was feeling the hot whips of panic His wife and his mistress, until an hour ago secure and inviolate, were slipping precipitately from his control Instinct made him step on the accelerator with the double purpose of overtaking Daisy and leaving Wilson behind, and we sped along toward Astoria at fifty miles an hour, until, among the spidery girders of the elevated, we came in sight of the easygoing blue coupé ‘Those big movies around Fiftieth Street are cool,’ sug- gested Jordan ‘I love New York on summer afternoons when every one’s away There’s something very sensuous about it—overripe, as if all sorts of funny fruits were going to fall into your hands.’ The word ‘sensuous’ had the effect of further disquieting Tom but before he could invent a protest the coupé came to a stop and Daisy signalled us to draw up alongside ‘Where are we going?’ she movies?’ ‘It’s so hot,’ she complained ‘You go We’ll ride around and meet you after.’ With an effort her wit rose faintly, INTERNATIONAL TRADE PROCEDURES AND DOCUMENTATION Edited By Hitesh Jhanji sciousness of being observed and one emotion after another crept into her face like objects into a slowly developing pic- ture Her expression was curiously familiar—it was an expression I had often seen on women’s faces but on Myrtle Wilson’s face it seemed purposeless and inexplicable until I realized that her eyes, wide with jealous terror, were fixed not on Tom, but on Jordan Baker, whom she took to be his wife There is no confusion like the confusion of a simple mind, and as we drove away Tom was feeling the hot whips of panic His wife and his mistress, until an hour ago secure and inviolate, were slipping precipitately from his control Instinct made him step on the accelerator with the double purpose of overtaking Daisy and leaving Wilson behind, and we sped along toward Astoria at fifty miles an hour, until, among the spidery girders of the elevated, we came in sight of the easygoing blue coupé ‘Those big movies around Fiftieth Street are cool,’ sug- gested Jordan ‘I love New York on summer afternoons when every one’s away There’s something very sensuous about it—overripe, as if all sorts of funny fruits were going to fall into your hands.’ The word ‘sensuous’ had the effect of further disquieting Tom but before he could invent a protest the coupé came to a stop and Daisy signalled us to draw up alongside ‘Where are we going?’ she movies?’ ‘It’s so hot,’ she complained ‘You go We’ll ride around and meet you after.’ With an effort her wit rose faintly, Printed by EXCEL BOOKS PRIVATE LIMITED A-45, Naraina, Phase-I, New Delhi-110028 for Lovely Professional University Phagwara sciousness of being observed and one emotion after another crept into her face like objects into a slowly developing pic- ture Her expression was curiously familiar—it was an expression I had often seen on women’s faces but on Myrtle Wilson’s face it seemed purposeless and inexplicable until I realized that her eyes, wide with jealous terror, were fixed not on Tom, but on Jordan Baker, whom she took to be his wife There is no confusion like the confusion of a simple mind, and as we drove away Tom was feeling the hot whips of panic His wife and his mistress, until an hour ago secure and inviolate, were slipping precipitately from his control Instinct made him step on the accelerator with the double purpose of overtaking Daisy and leaving Wilson behind, and we sped along toward Astoria at fifty miles an hour, until, among the spidery girders of the elevated, we came in sight of the easygoing blue coupé ‘Those big movies around Fiftieth Street are cool,’ sug- gested Jordan ‘I love New York on summer afternoons when every one’s away There’s something very sensuous about it—overripe, as if all sorts of funny fruits were going to fall into your hands.’ The word ‘sensuous’ had the effect of further disquieting Tom but before he could invent a protest the coupé came to a stop and Daisy signalled us to draw up alongside ‘Where are we going?’ she movies?’ ‘It’s so hot,’ she complained ‘You go We’ll ride around and meet you after.’ With an effort her wit rose faintly, SYLLABUS International Trade Procedures and Documentation Objectives: The objective of the couse is to make students learn the complete mechanism of export and various documents required for exports S No Description Export Procedures and Documents: The Search for an overseas buyer, Processing an Export Order, Negotiation of Documents, Role of Banks in Export-Import Transactions Methods of Payments and INCO Terms: Methods of Payment, Financing Exporters and Importers, Instruments of Payment EXIM Strategies and Export Marketing: EXIM Business Plan and Strategy, Export Strategy Formulation, Export Financing, Import Strategy (Souring Strategy), International Marketing, Export Marketing – Going Global, Different Forms of International Trade Methods of Financing Exporters and Business Risk Management: Pre-Shipment Finance, Post Shipment Export Advance, Factoring and Insurance, Types of Risks, Quality and Pre Shipment Inspection Custom Clearance of Import and Export Cargo: Clearance of Import Cargo, Clearance of Export cargo, Custom Valuation, The Harmonized System, Carnets, New Developments in Custom Clearance Procedure Logistics and Characteristics of Modes of Transportation: Planning Physical Distribution, Benefits of Efficient Logistics System, Concept of Marketing Logistics System, Critical Elements of a Logistics System, International Transport System Characteristics of Shipping Industries: History of Shipping Industry, Characteristics of Shipping Industry, Role of Intermediaries in Shipping Industry, Latest Trends in Logistics Operations, Ocean Freight Structure Containerization and Leasing Practices: Containerization – Concept and Operation, History of Containerization, Types of Containers, Benefits of Containerization, Global Trade and containerization, Container Leasing Practices and Inland Container Depots Export Incentive Schemes: Duty Exemption Scheme, Duty Remission Scheme, Export Promotion Capital Goods Scheme, Special Economic Zones 10 Information Technology in International Business: Electronic Procurement, Electronic Marketing, Electronic Logistics sciousness of being observed and one emotion after another crept into her face like objects into a slowly developing pic- ture Her expression was curiously familiar—it was an expression I had often seen on women’s faces but on Myrtle Wilson’s face it seemed purposeless and inexplicable until I realized that her eyes, wide with jealous terror, were fixed not on Tom, but on Jordan Baker, whom she took to be his wife There is no confusion like the confusion of a simple mind, and as we drove away Tom was feeling the hot whips of panic His wife and his mistress, until an hour ago secure and inviolate, were slipping precipitately from his control Instinct made him step on the accelerator with the double purpose of overtaking Daisy and leaving Wilson behind, and we sped along toward Astoria at fifty miles an hour, until, among the spidery girders of the elevated, we came in sight of the easygoing blue coupé ‘Those big movies around Fiftieth Street are cool,’ sug- gested Jordan ‘I love New York on summer afternoons when every one’s away There’s something very sensuous about it—overripe, as if all sorts of funny fruits were going to fall into your hands.’ The word ‘sensuous’ had the effect of further disquieting Tom but before he could invent a protest the coupé came to a stop and Daisy signalled us to draw up alongside ‘Where are we going?’ she movies?’ ‘It’s so hot,’ she complained ‘You go We’ll ride around and meet you after.’ With an effort her wit rose faintly, CONTENT Unit 1: Export Procedure and Documentation Anand Thakur, Lovely Professional University Unit 2: Methods of Payment and Incoterms 24 Hitesh Jhanji, Lovely Professional University Unit 3: EXIM Strategies 48 Ginni Nijhawan, Lovely Professional University Unit 4: Export Marketing – Going Global 70 Anand Thakur, Lovely Professional University Unit 5: Methods of Financing Exporters and Business Risk Management 90 Karan Arora, Lovely Professional University Unit 6: Custom Clearance of Import and Export Cargo 120 Anand Thakur, Lovely Professional University Unit 7: Logistics and Characteristics of Modes of Transportation 149 Hitesh Jhanji, Lovely Professional University Unit 8; International Transport System 174 Ginni Nijhawan, Lovely Professional University Unit 9: Characteristics of Shipping Industries 195 Hitesh Jhanji, Lovely Professional University Unit 10: Containerization and Leasing Practices 211 Neha Khosla, Lovely Professional University Unit 11: Inland Container Depots 236 Hitesh Jhanji, Lovely Professional University Unit 12: Export Incentives Schemes 249 Anand Thakur, Lovely Professional University Unit 13: Special Economic Zones 270 Neha Khosla, Lovely Professional University Unit 14: Information Technology in International Business Neetu Singh, Lovely Professional University 287