The import of consignment based on Incoterms CIF (cost, insurance and freight) between an importer in Malaysia and an exporter in China. Explain 3 advantages for the country of origin and 2 disadvantages for the destination country.
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- D&R A3 2 - 1 Question 2. Currency Swap A Canadian corporation (ACC) has just entered into a two-year currency swap contract with Big Dealer Bank (BDB). The swap contract requires ACC to make semi-annual payments in Canadian dollars (C$) and receive semi-annual payments in U.S. dollars (US$). The notional amount in Canadian dollars is C$25 million. The accrual period for the swap is 180/360, assuming 360 days per year. The US$/C$ spot exchange rate is 0.77, with the Canadian dollar being the domestic currency for ACC. The term structures of C$ LIBOR and US$ LIBOR are as follows: Days C$ LIBOR (%) US$ LIBOR (%) 180 0.50 0.55 360 0.60 0.65 540 0.65 0.75 720 0.70 0.85 What is the notional amount in U.S. dollars?1- 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?7-A US company operates its business in Oman but the company is located and registered in US. US company purchased goods from its subsidiary company in Oman. If the US company has to make payment to Oman company, which price method from the below options it can follow? a. Purchase price b. Selling price c. Goods purchased cost d. None of the options
- Subject: Procurement & sourcing Q): Why do government set production quota, explain with example?1. Study the supply chain integration of companies operating in Namibia below and identify the TYPE OR LEVELof Integration involved in each case. Please justify your answer! a) In 2013 Meatco formed a partnership agreement (Meatco-owned Cattle (MoC) Initiative) with itssuppliers to secure more cattle for slaughter. The initiative helps secure animals earlier in theproduction chain by procuring weaners and raising them to slaughter animals. b) Over the last year, much time and effort have been invested by Meatco's Information TechnologyDepartment to integrate the corporation’s supply channels and streamline the MoC initiatives,thereby ensuring that Meatco has full control over its biological assets.Question 01 Due to COVID-19 situations the oil prices fall in international market. Let’s assume that output starts at its natural level. A) What happens to the Pakistan’s economy (output and price) in the short run? Explain your answer using AS-AD graphs. (Maximum 150 words) B) What happens to Pakistan’s economy (output and price) in the long run? Explain your answers using graphs. (Maximum 150 words)
- Subject: Procurement & sourcing Q): Under which H.S Code Cherat Packaging Ltd. clear their raw material of Granules & Kraft paper? Q): What is the total procurement expenses of 2022 & 2021 of Cherat packaging?Egypt exports of soaps, lubricants, and waxes, to Kenya was US$22.63 Million during 2019, according to the United Nations COMTRADE database on international trade. Egypt exports of soaps witnessed a steady decline since 2017, and there is lots of potential demand in many other african nations for Egyptians soap. Last March 2020 the Ministry of Industry and Trade decided to exclude soap bars, shampoo, and tissue paper in the form of jumbo rolls "production requirements" from Resolution 187 of 2020 to stop the export of masks and protective supplies. Minister of Trade and Industry Nevein Gamea issued two decisions to stop exporting all of the surgical masks ("face masks") and the requirements to prevent infection and alcohol of all kinds and derivatives, for a period of 3 months starting from the date of publishing the decisions in the Egyptian Gazette. H.E. Mrs. Gamea said that these two decisions aim to provide the needs of the Egyptian citizen with these products, especially in light…Q5.2) Thabo, a data analyst for a major casino, is working after hours to finish an important project. He realises that he is missing data that had been sent to his co-worker, Jake. As Thabo knows Jake’s password, he logs onto Jake’s computer and sends the data back to himself. While doing so, Thabo sees an open email regarding gambling bets Jake placed with a local sports bookie. This is in contravention of casino policy as all its employees are forbidden to engage in gambling activities to avoid any conflict of interest. Thabo knows he should report this. However, he would then have to admit that he violated the casino’s information technology regulations by logging onto Jake’s computer. On the other hand, if he warns Jake to stop betting, he would also have to reveal his source of information. What should Thabo do in this situation?
- What is the term for a trade in which all or part of the payment for products are in the form of other products? Question 7 options: a) Floating exchange rates b) Dumping c) Counter trade d) Price appreciation2. Discuss whether any duty drawback is admissible under section 75 of Customs Act in the following case and if yes, what is the quantum of such drawback An Exporter has exported goods of worth INR 3,00,000, Amount of Drawback is 0.5%, Market price of goods is INR 2,50,000 and value of imported material used in goods is INR 1,80,0001. Explain briefly 3 risks when Bonia import shoes from Japan to Malaysia.