Doing Import/Export with USA/NAFTA
Tags :
Import, Export, small business, merchandise, trade, Global Markets, International Trade, USA, NAFTA
Industry :
Consumer Durables, Textile
Functional Area : Global Business, USA |
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Discussion on Doing Impor and Expot with USA/NAFTA.
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International Trade, particularly exports, gives a business edge to Indian companies because of factors like rupee depreciation, penetration into diversified markets and various incentives offered by the Government etc. Exporters also need to import good quality raw materials in order to make their products more competitive. However there are certain types of risks associated with International Trade. I would like to give a very brief overview of these risks and the risk mitigation measures in this article. Risks of exporting Political risks : After the Indian exporter sends goods abroad, there could be a war, civil strife, riot or coup in the country of import as a result of which, the g...
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Phani Mohan krishna
| Commented
| 2 years ago
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Trade as such is exciting and there is lot of elation on Successful completion, but if you are just a facilitator your success has limitations. In a country like India where Trade is limited its more of mkt intelligence gathering happening than...
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Goutam Roy Choudhury
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| 3 years ago
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Yes you are correct, but there are ifs & buts are in all business, even in inland. s. So personal relationship with the buyers can help in stady business I believe. Ofcourse that takes quite a long time indeed.
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India’s exports showed a healthy growth of 20.47 per cent in January this fiscal over the same month last year, but expanded by a single digit figure of 7.66 per cent in rupee terms due to pricey domestic currency. Exports increased to 13.14 billion dollars in January 2008 from 10.9 billion dollars a year ago, while imports grew by a huge 63.57 per cent to 22.50 billion dollars, leaving a trade deficit of 9.36 billion dollars. With only two months to go for conclusion of the current financial year, exports during April-January period amounted to 124.19 billion dollars, leaving a balance of 35.81 billion dollars to meet the 160 billion dollar target. Imports for the April-January period of 2...
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i am working last 3years onwards Logistics Field. Iwant Know About Can i Work in USA
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China has been thriving in recent years and has been named as the “World’s factory” because of its high production and low labor cost. It seems to be a trend now to import goods from China directly since there will be middleman in between and hence one can get the latest and cheapest products. China offers a vast array of products and to track something down that is suitable, you are going to need someone who knows the country well. He or she can advise you very quickly if you are likely to find a company where you could place your order and thereby increase your margins. Here are some of the things that you will need to establish before working with an import agent: Full product details with drawings / graphics Packing presentation details Branding requirements Certifications Safety standards required Date product is required Quantities (min order quantities apply in most cases) Also you need to take care of the following things if you are planning to import from China; Products...
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Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions will usually (not necessarily always) be closed before the market close of the trading day. This is different from After-hours trading. Traders that participate in day trading are called day traders. Some of the more commonly day-traded financial instruments are stocks, stock options, currencies, and a host of futures contracts such as equity index futures, interest rate futures, and commodity futures. Day trading used to be the preserve of financial firms and professional investors and speculators. Many day traders are bank or investment firm employees working as specialists in equity investment and fund management. However, day trading has become increasingly popular among casual traders due to advances in technology, changes in legislation, and the popularity of the internet. First of all let me give you few tips that you must follow if you are going...
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