Professional Documents
Culture Documents
(Elective 4)
Prefinals Exam
Question 1
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Compound duty are imposed at a fixed percentage on the value of a commodity imported.
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Question 2
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Sectoral agreements, which means agreements amongst participants regarding the removal
or reduction of tariff, nontariff, and para-tariff barriers as well as other trade promotion
measures for specified products.
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Question 3
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Fiscal PolicyIt aims at unification of tax rates, and other fiscal matters. It monitors common
value added tax on products in the member states.
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Question 4
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Fourth Round was held at tokyo.
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Question 5
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The NAFTA is basically a trade and investment agreement with a view to reduce barriers on
the flow of goods, services and people among the three counties.
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Question 6
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Agreement on TRIMs requires the treatment of foreign investment on par with domestic
investment.
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Question 7
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International Marketing is an ideal situation as free trade is beneficial to all participating
countries.
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Question 8
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Economic integration is a group countries which join together for enhancing trade and
development.
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Question 9
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Export marketing is a systematic process of developing and distributing goods and services
in overseas markets.
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Question 10
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World trade means trade between different countries of the world. It is also called as
international trade.
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Question 11
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Export marketing is a systematic process of developing and distributing goods and services
in overseas markets.
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Question 12
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Export marketing requires the right marketing mix for the target markets.
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Question 13
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Export marketing means marketing of goods and services beyond the national boundaries
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Question 14
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Documentation are used by countries for restricting import.
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Question 15
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The term marketing exports are also used in relation to India‟s exports.
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Question 16
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India ranks 2nd in the world for computer and information services exports.
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Question 17
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Agricultural and Allied Products this includes tea, coffee, tobacco, spices, sugar, raw cotton,
fruits, vegetable and pulse.
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Question 18
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Exports cover wide range of items from agricultural, industrial, services and other sectors.
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Question 19
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India is one of the leading exporters of services in the world
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Question 20
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World Trade is dominated by developed and rich countries and the poor developing
countries are exploited.
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