Preview

Policy & Trend and Pattern of Export and Import with Special Reference to Bangladesh

Good Essays
Open Document
Open Document
8080 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Policy & Trend and Pattern of Export and Import with Special Reference to Bangladesh
Policy & Trend and Pattern of Export and Import with Special Reference to Bangladesh

Submitted to
Dr. Shah Md. Ahsan Habib
(International Business)

Submitted by Sabina Yeasmin Romana
Id:10364067

Introduction
A fundamental change is occurring in the world economy. The process by which this is occurring is commonly referred to as globalization. We are moving away from national economy to world economy. Globalization & liberalization is the basis of international business. Globalization is the target & liberalization is the way to attain the target. Because of this process of globalization & liberalization there has been huge expansion of cross border transactions which is nothing but international business activities. A major portion of international business is played by Export and Import. International business is the performance of business activities across national boundaries. Every nation in the world participates in international business to some extent. Large companies as well as smaller firms sell their products throughout the world. A firm that decides to enter international trade must select as approach. It can be done in a number of ways; some require relatively low level of commitment, while others require much higher levels. Approaches to international business include exporting, licensing, joint ventures, trading companies, countertrading, direct ownership and multinational corporations. Most common and popular approach to international trade is Export and Import.

OBJECTIVE OF THE REPORT

• To discuss theoretical aspect of “Policy & Trend of export and import with special reference to Bangladesh”
• To discuss Bangladesh aspect of “ Policy &Trend of export and import with special reference to Bangladesh”
THEOPICTHEORETICAL ASPECTS OF THE TOPIC
The term policies contains policies in the sphere of Foreign trade i.e. with respect to import &

You May Also Find These Documents Helpful

  • Better Essays

    AVIATION MANAGEMENT

    • 2676 Words
    • 11 Pages

    For Bangladesh, the readymade garment export industry has been the proverbial goose that lays the golden eggs for over fifteen years now. The sector now dominates the modern economy in export earnings, secondary impact and employment generated. The events in 1998 serve to highlight the vulnerability of this industry to both internal and external shocks on the demand and supply side. Given the dominance of the sector in the overall modern economy of Bangladesh, this vulnerability should be a matter of some concern to the policymakers in Bangladesh. Although in gross terms the sector’s contributions to the country’s export earnings is around 74 percent, in net terms the share would be much less partially because the backward linkages in textile have been slow to develop. The dependence on a single sector, no matter how resilient or sturdy that sector is, is a matter of policy concern. We believe the policymakers in Bangladesh should work to reduce this dependence by moving quickly to develop the other export industries using the lessons learned from the success of apparel exports. Support for the apparel sector should not be reduced. In fact, another way to reduce the vulnerability is to diversify the product and the market mix. It is heartening to observe that the knit products are rapidly gaining share in overall garment exports as these products are sold in quota-free markets and reflect the strength of Bangladeshi producers in the fully competitive global apparel markets…

    • 2676 Words
    • 11 Pages
    Better Essays
  • Powerful Essays

    The Industrial Policy, 1991 (revised in 1992) has clearly emphasized importance of the role of the private sector in industrial development in Bangladesh. The role of the government has been changed from regulatory to promotional.…

    • 7926 Words
    • 32 Pages
    Powerful Essays
  • Good Essays

    The first important observation is that SAARC plays a very marginal role in Bangladesh’s exports. The share of Bangladesh’s exports to SAARC amounts to less than 4 percent of Bangladesh exports to the rest of the world. The shares are slightly more significant for imports, amounting to just below 12 percent for fiscal year 2007/08, but are still not as high as one might have expected. Second, the shares of imports and exports have grown only marginally over the ten year period: a) for exports from 2.4 percent to 3.3 percent, b) for imports from 13.8 percent to 18.1 percent, and c) for the sum of exports and imports from 9.1 percent to 11.6 percent.…

    • 1862 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    past years. The striking features of Bangladesh‟s exports are commodity and market concentration. To overcome the…

    • 6038 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    In Bangladesh, now a day’s super market is a emerging, drastically boomed and very potential sector as well as popular choice of people for buying their daily necessary goods. A successful super market not only depends on how it serves its customers other than its competitors but also how it supply chain strongly and work effectively and efficiently. A typical supply chain refers the variety of stages. These supply chain stages include customers, retailers, wholesalers or distributors, manufactures and component of raw materials suppliers. In Bangladesh, Rahimafroz first introduced traditional super market named Agora, though they are the first comer in this business category, but when Gemcon group introduced their project named as Meena Bazar upper market business get familiar to the customer. Recently shop no super market of ACI group make a good position in this arena. In Bangladesh supermarket business developed on mainly capital city. Though some branches are opened divisional city.…

    • 8117 Words
    • 33 Pages
    Powerful Essays
  • Powerful Essays

    MOA, (2006), A synthesis of Agricultural Policies in Bangladesh, Ministry of Agriculture, Govt. of Bangladesh, Dhaka, Vol. 3…

    • 4487 Words
    • 24 Pages
    Powerful Essays
  • Best Essays

    Daffodil International University Journal of Business and Economics, Vol. 5, No. 1 & 2, December, 2010…

    • 4322 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    The overall report is prepared focusing on the scenario of FDI (Foreign Direct Investment) in Bangladesh. There are many prospects of FDI in Bangladesh. The Countries that invest in Bangladesh mainly or supply currencies in the form of investment emphasizes on the economic stability. The provision of FDI exerts that the balanced growth should be the result of the economy. There are many sectors that are highlighted in report that could be the target of Foreign Direct Investment. The weakness of the governance to flourish the economy has also been depicted in the main part of the report. The past rate of FDI and some of the interest of the investors has been presented throughout the report. The competitive advantages are the availability of the natural resources, location, human resources, GSP facility etc. The graphical presentation of FDI trends has also been provided. The sources that can the locus of the FDI are discussed with logic. There are some prospective sectors that are to be considered with special care such as textile, leather, frozen food, agro based industry, information technology etc. The overall discussion shows a complete picture of the present scenario and the prospects of the foreign direct investment in Bangladesh. The recommendation part provides a “to do list” that can be followed to reflect the full impact of the FDI in Bangladesh. Finally the economic consideration and the objective of implementation of FDI should be integrated to bring the maximum benefit for Bangladesh.…

    • 3140 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Assignment # 01 CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE SECTORTO GDP IN BANGLADESH FROM LATE 1950 TO TILL NOW Prepared For: Prof. M.Z. Mamun Course Instructor: Operation ManagementPerpared by:Shamima NasrinID No. 092051058MBA Program University of Liberal Arts Bangladesh, (ULAB) October 23, 2009 Th e gros s dom es t i c p rod u ct ( GDP ) o r gros s dom es t i c i nc om e ( GD I) i s a ba s i cmeasure of a country's overall economic performance. It is the market value of allfinal goods and services made within the borders of a country in a year. It is oftenpositively correlated with thestandard of living. In t h e na m e "G ro ss Dom es t i c Product”, "Gross" means that GDP measures production regardless of the varioususes to which that production can be put. "Domestic" means that GDP measuresproduction that takes place within the country's borders.Bangladesh is a based on agriculture country because majority percent people arefarmer. A brief discussion of Bangladesh economy may help us to understand itsGDP. Economy of Bangladesh is composed of three main sectors 1. Agriculture, 2.Industry, 3. Service.Agriculture sector includes crops, forestry, livestock & fisheries. Main agricul turefood products are cereals, pulses, gur/sugar, milk, meat, fish, fruits, vegetables, oiletc. Major industrial crops are tea, jute, tobacco etc. Total cultivable area was 2.26core areas in the survey of 1983-84, which decreased to 1.64 core areas in 1995-96. There are three categories of industries of industry in Bangladesh- Large ScaleIndustries, Medium Scale Industries & Small Cottage Industries.Major industries are referred in the following—1. Fo od , B ev e r a ge & T ob a c c o.2 .T ex t i l e, A pp a re l a nd l e a t h er .3 .W oo d 7 w oo d pr od uc t s. 4.P ap e r, P a p er p ro du ct s.5 .C h em i c al s an d C hem i c al pr odu ct 6. No n - m et a l l i c Mi n er al p ro du ct s.7 . B asi c Me t a l i ndu s t ri es. 8. F a br i c a t ed M et al p ro du ct s .…

    • 1051 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Trade is not an end in itself, but a means to economic growth and national development. The primary purpose is not the mere earning of foreign exchange, but the stimulation of greater economic activity. The Foreign Trade Policy is rooted in this belief and built around two major objectives. These are:…

    • 4706 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    GDP growth of Bangladesh has been 5 per cent and above in the past decade or so with…

    • 649 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    As a part of the educational program in post Graduate Diploma in Industrial Management at Bangladesh institute of Management we have had to present an assignment under the course of Managerial Economics. In this context we have created a group named as Padma consisting three members and choose the subject on Business trend of Agro based processed food in Bangladesh. We have chosen the topic since the country like Bangladesh highly populated in nature faces the biggest challenge as feeding the people. On the other hand agro food processing sector helps most in the direct and indirect employment generation in rural area. To prepare this paper we have taken help from the world Banks study on Bangladesh development series paper 21, ILO report on Skills for trade and economic diversification in Bangladesh 2011 and Bangladesh Bureau of Statistics. We express our gratitude to the authors and publishers of those studies and book.…

    • 2264 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Garments Compliance Dhaka

    • 4821 Words
    • 49 Pages

    in the late 1970s and within a short period of time emerged as an important player in…

    • 4821 Words
    • 49 Pages
    Powerful Essays
  • Satisfactory Essays

    So I recommend the goals of foreign policy of Bangladesh in the name of 4Ps: Protection, Progress, Promotion and Peace. From the theoretical perspectives in case of suggested four Ps for Bangladesh foreign policy, realism would theorize the first P-protection; Open Market Economy based on global capitalism theorizes the second P-progress and Nationalism (Bangladeshi) would theorize the third P-promotion. Based on these four Ps, the following foreign policies are recommended as core policies for Bangladesh to march its unique prospective positions in the world and also the today’s world affairs.…

    • 587 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    goel

    • 798 Words
    • 4 Pages

    Bangladesh is one of the largest export markets for Indian trade. The bilateral trade between the two nations is carried out as per guidelines given in the Bangladesh Trade Agreement which provides beneficial arrangement for the use of waterways, railways and roadways passage of goods between two places in one country through the territory of the other.…

    • 798 Words
    • 4 Pages
    Good Essays

Related Topics