- The HS codes digits of the UAE Tariff Book and KSA Tariff Book are same in number? True false 2- Customs duty is calculated based on the Cost, Insurance, Freight (CIF) of imported goods ? true false 3- The advantage(s) of Free Trade Agreement is/are: A. Exemption of customs duty whilst importing the goods B. Facilitate Trade among Member States C. Promote the manufacturing of goods/raw material in Member Countries D. All of the above 4- List down the commercial documents which are important to present at the time of customs clearance?
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1- The HS codes digits of the UAE Tariff Book and KSA Tariff Book are same in number?
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- In 1985, Parveen Textile Mills Limited, Karachi, operated a high plant for the production of garments in different designs, colours and weights. The company exported its products solely to the US market, but with declining sales because of quota restrictions. The company was considering launching its goods in the German market. The market appeared to demand a wider range of styles and varieties and the smaller quantities. Mr. Qadir, the chairman of the company wanted to decide how he could meet this demand pattern profitably. Company Background Parveen Textile Mills Limited was one of the Pakistan’s largest manufacturers and exporters of garments. Its operations were fully integrated and had 8,000 employees. The United States and the Federal Republic of Germany were the most significant international markets. In the beginning the company sold its products abroad through agents. Over the years the company appointed its own officers to work in the international marketing division. This…Green Toys Inc. makes a line of classic children’s toys constructed from recycled plastic and other recycled environmentally friendly products. Unlike its half dozen eco- friendly competitors that manufacture or buy raw materials for their toys overseas, Green Toys contracts only with companies in California. The two co- founders Von Goeben and Laurie Hymen have had no plans to move production out of the US. However, they do not exclude the possibility of manufacturing abroad with local sourcing of materials. In the Caribbean, the industry of environmentally friendly products is steeply growing and toys are no exception. Review the following case study as a guide to answer the question below. QUESTION The two CEOs of green Toys company in which you are employed as the most senior global marketing consultant have approached you to do an analysis of any Caribbean country of your choice in which to target. You are required to design a global and holistic assessment of this move…Please help with question #2. The based country is Trinidad and the countries trading to is Australia, Columbia and Germany. Also explain how can we mitigate foreign exchange risk in these countries. You are asked to simulate your own multinational corporation (MNC).You are required to justify the form of their own MNC, based in the Caribbean, which tradeswith three countries outside of the North America region. Students will then examine issues relatedto foreign exchange management within their multinational corporation.This group assignment should address the following:1. The type of MNC, whether franchising, licensing, the exportation of a product soldthrough a distributor, etc. The rationale behind using this form of MNC should also begiven.2. The main foreign currencies that will be used in the business.3. The foreign exchange exposure of the company and how the company plans to managethis exposure.4. Any current financial issues that affect the operating environment of the MNC…
- 5. a. Discuss Vernon’s 1966 Product Life Cycle model as a means of explaining the evolution and sequencing of international production. b. What role does technology, innovation and economies of scale play in the model? c. How well does this model explain the trade and locational effects of TNCs? d. What are the model’s major weaknesses?15. Global companies that deal with the political and financial risks of conducting business in a particular foreign location face which of the following type of risk? a. Country risk b. Principal risk c. Interest rate risk d. Commodity price risk 16 The benefits of a just-in-time system for raw material usually includes a. Elimination of non-value adding operations b. Increase in the number of suppliers, thereby ensuring competitive bidding c. Maximization of the standard delivery quantity, thereby lessening the paperwork for each delivery d. Decrease in the number of deliveries required to maintain production 17. A city regulation that freezes apartment rent prices is most likely to cause a. The demand curve for apartment rentals to fall b. The supply curve for apartment rentals to rise c. The quantity demanded of apartment rentals to exceed the quantity supplied d. The quantity supplied of apartment rentals to exceed the quantity demanded 18. Which of the following is not…FAO-Funded Aquaponics Project Launched In BarbadosBarbados GIS – The United Nations Food and Agriculture Organization (FAO) hascollaborated with the Ministry of Maritime Affairs and the Blue Economy, and local businessAdams Aquafarms, on a project to train persons in aquaponics.Aquaponics is a sustainable way of integrating land-based fish farming with plant production.Both are placed in a tank, and the set up allows for them to coexist, with the waste producedby the fish fertilizing the plants, while the plants purify the water for the fish.The training, funded by the FAO, will take place at a demonstration facility, located atAdams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneursand 10 teachers.Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the projectwill be “transformative”, as it has the potential to empower Barbadians.“In aquaponics, you have the opportunity to have, at the same time, multiple sources ofincome [because]…
- FAO-Funded Aquaponics Project Launched In BarbadosBarbados GIS – The United Nations Food and Agriculture Organization (FAO) hascollaborated with the Ministry of Maritime Affairs and the Blue Economy, and local businessAdams Aquafarms, on a project to train persons in aquaponics.Aquaponics is a sustainable way of integrating land-based fish farming with plant production.Both are placed in a tank, and the set up allows for them to coexist, with the waste producedby the fish fertilizing the plants, while the plants purify the water for the fish.The training, funded by the FAO, will take place at a demonstration facility, located atAdams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneursand 10 teachers.Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the projectwill be “transformative”, as it has the potential to empower Barbadians.“In aquaponics, you have the opportunity to have, at the same time, multiple sources ofincome [because]…FAO-Funded Aquaponics Project Launched In BarbadosBarbados GIS – The United Nations Food and Agriculture Organization (FAO) hascollaborated with the Ministry of Maritime Affairs and the Blue Economy, and local businessAdams Aquafarms, on a project to train persons in aquaponics.Aquaponics is a sustainable way of integrating land-based fish farming with plant production.Both are placed in a tank, and the set up allows for them to coexist, with the waste producedby the fish fertilizing the plants, while the plants purify the water for the fish.The training, funded by the FAO, will take place at a demonstration facility, located atAdams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneursand 10 teachers.Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the projectwill be “transformative”, as it has the potential to empower Barbadians.“In aquaponics, you have the opportunity to have, at the same time, multiple sources ofincome [because]…FAO-Funded Aquaponics Project Launched In BarbadosBarbados GIS – The United Nations Food and Agriculture Organization (FAO) hascollaborated with the Ministry of Maritime Affairs and the Blue Economy, and local businessAdams Aquafarms, on a project to train persons in aquaponics.Aquaponics is a sustainable way of integrating land-based fish farming with plant production.Both are placed in a tank, and the set up allows for them to coexist, with the waste producedby the fish fertilizing the plants, while the plants purify the water for the fish.The training, funded by the FAO, will take place at a demonstration facility, located atAdams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneursand 10 teachers.Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the projectwill be “transformative”, as it has the potential to empower Barbadians.“In aquaponics, you have the opportunity to have, at the same time, multiple sources ofincome [because]…
- FAO-Funded Aquaponics Project Launched In BarbadosBarbados GIS – The United Nations Food and Agriculture Organization (FAO) hascollaborated with the Ministry of Maritime Affairs and the Blue Economy, and local businessAdams Aquafarms, on a project to train persons in aquaponics.Aquaponics is a sustainable way of integrating land-based fish farming with plant production.Both are placed in a tank, and the set up allows for them to coexist, with the waste producedby the fish fertilizing the plants, while the plants purify the water for the fish.The training, funded by the FAO, will take place at a demonstration facility, located atAdams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneursand 10 teachers.Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the projectwill be “transformative”, as it has the potential to empower Barbadians.“In aquaponics, you have the opportunity to have, at the same time, multiple sources ofincome [because]…FAO-Funded Aquaponics Project Launched In BarbadosBarbados GIS – The United Nations Food and Agriculture Organization (FAO) hascollaborated with the Ministry of Maritime Affairs and the Blue Economy, and local businessAdams Aquafarms, on a project to train persons in aquaponics.Aquaponics is a sustainable way of integrating land-based fish farming with plant production.Both are placed in a tank, and the set up allows for them to coexist, with the waste producedby the fish fertilizing the plants, while the plants purify the water for the fish.The training, funded by the FAO, will take place at a demonstration facility, located atAdams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneursand 10 teachers.Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the projectwill be “transformative”, as it has the potential to empower Barbadians.“In aquaponics, you have the opportunity to have, at the same time, multiple sources ofincome [because]…FAO-Funded Aquaponics Project Launched In BarbadosBarbados GIS – The United Nations Food and Agriculture Organization (FAO) hascollaborated with the Ministry of Maritime Affairs and the Blue Economy, and local businessAdams Aquafarms, on a project to train persons in aquaponics.Aquaponics is a sustainable way of integrating land-based fish farming with plant production.Both are placed in a tank, and the set up allows for them to coexist, with the waste producedby the fish fertilizing the plants, while the plants purify the water for the fish.The training, funded by the FAO, will take place at a demonstration facility, located atAdams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneursand 10 teachers.Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the projectwill be “transformative”, as it has the potential to empower Barbadians.“In aquaponics, you have the opportunity to have, at the same time, multiple sources ofincome [because]…