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EXPORT PROCEDURES AND DOCUMENTATION

BACHELOR’S DEGREE PROGRAMME   Term-End Examination June, 2010   (APPLICATION ORIENTED COURSE)   AED-1: EXPORT PROCEDURES AND  DOCUMENTATION Time: 2 hours                                                                                   Maximum Marks 50                                           Note :    Attempt any four question, including question No.7 which is              Compulsory. Discuss the broad trends in India's export sales since the beginning of the new liberalised regime. What are the new markets and new products? Discuss.     6+3+3 What are the steps involved in setting up an export business, specially in terms of obtaining necessary approvals?    12 The principal problem in analyzing different forms of export financing is the distribution of risks between the exporter and the importer. Describe the following export financing facilities used in this respect.                                                            Confirmed irrevocable letter of credit. ...