component in a country’s economic system? Why or why not? Answer I not surprise ‚ according to my past experience as a material controller in LG electronics and nowadays as a purchasing member in Suez Canal Authority The Logistics has a historical relationship with the Economic system specially with GDP . before 1980 logistics didn’t exceed the 10% of GDP ‚ but this percentage has been increased yearly until 2005 ‚ the logistics represent 45% of the GDP This importance not only on the Macro
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Why Bees are the Bee’s Knees: The Economic Importance of Bees As Pollinators Introduction Bees have indirectly contributed to the United States’ economy for hundreds of years. Dozens of industries have flourished and thrived off the backs of these tiny insects‚ and without them‚ the average American lifestyle would not exist. As a society‚ we are dependent on bees to pollinate our crops and provide us with honey‚ which in the U.S. alone was worth $317 million in 2013 (“Honey Industry Facts”). Bees
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THE IMPORTANCE OF PRICES IN ECONOMIC SYSTEM A price is the amount of money a buyer must pay to a seller for a good or service. Price is not always the same as cost. In economics‚ cost means opportunity cost—all that is sacrificed to buy the good. While the price of a good is a part of its opportunity cost‚ it is not the only cost. For example‚ the price does not include the value of the time sacrificed to buy something. Buying a new jacket will require you to spend time traveling to and from the
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EXPORT FINANCE FEDERATION OF INDIAN EXPORT ORGANISATIONS SOUTHERN REGION‚ CHENNAI EXPORT FINANCE “Export or perish” Our imports are more than exports. Hence there is a necessity to encourage exports. Govt. and RBI extend various concessions to boost exports. EXPORT FINANCE Some of the concessions include: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Cheap credit to exporters. Minimum of 12% of net credit should go to exports. Refinance to Banks on eligible portion of export credit outstanding
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General Provisions about Customs Procedures Basic document is ‘Entry’ Entry’ in relation to goods means entry made in Bill of Entry‚ Shipping Bill or Bill of Export. In case of import by post‚ label or declaration accompanying goods is ‘entry’ Loading and unloading at specified places only Imported goods can be unloaded only at specified places. Goods can be exported only from specified places. Computerisation of customs procedures Customs procedures are largely computerised. Most of documents
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Journal of Sustainable Development November‚ 2008 Conflict between Developing Economic and Protecting Environment Longlong Guo Beijing Representative Office in Beijing Alterral Environmental Science and Technology Consultant Company (The Netherlands) Room604‚ Unit 2‚ Building No. 26‚ Zhiqiang Yuan‚ Wenhuiyuan Road Haidian District‚ Beijing‚ China E-mail: guo@ruc.dk‚ harry99211@hotmail.com Hongbo Ma Tangshan Kailuan Oriental Power Co. Ltd A-601‚ ShiJi HuaTing‚ XinHuaDao‚ Tangshan city‚ Hebei
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EXPORT PROCEDURE 1. An exporter receives an enquiry from the prospective buyers seeking information regarding price‚ quality & other terms conditions for export of goods. The exporter sends a quotation known as proforma invoice as reply. 2. If the buyer is satisfied with the export price & other terms & conditions‚ he places the order or indent for the goods. 3. After receiving the order or indent‚ the exporter undertakes an enquiry regarding the credit worthiness of importer to assess the
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EXPORT Procedure of Export from Exporter side: 1) To open an account with a Bank. 2) To be collect ERC (Export Registration Certificate) from CCI & E. 3) To collect TIN from Bangladesh Revenue Board. 4) To collect Export L/C / Transferable Export L/C. 5) To submit the Export L/C / Transferable Export L/C to the Bank through his letter pad and type Back to Back L/C. 6) To sign LCAF 7) To collect Insurance cover Note with money receipt and Vat paid certificate (only for Foreign B/B L/C)
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Imports and Exports Post University February 1‚ 2014 Imports and Exports How would you feel about the businesses in the United States that are buying or selling to countries that have a high amount of exports and imports? This is the only way that some of these countries can survive. This is because they have products that other countries don’t have and other countries are able to produce things that they can’t
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EXPPRIN Export Procedures and Documentation Agenda – Week 5 Export Procedures and Flow Chart Documentary Requirements 2 Exporting is both challenging and rewarding. Export Procedures and Flow Chart Export procedures are simple and the export documentation required has been lessened. Build your knowledge and develop skills on the dynamics of exporting by attending seminars/training courses on the basics of exporting‚ letters of credit‚ negotiating with the foreign buyers‚
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