general public utility; (c) "importer" or "exporter" means a person who imports or exports goods and holds a valid Importer-exporter Code Number granted under section 7; (d) "licensing authority" means an authority authorised by the Director General under sub-section (2) of section 9 to grant or renew a licence under these rules; (e) "Policy" means the export and import Policy formulated and announced by the Central Government under section 5;
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The causes of the large trade deficit of the US The undervaluation of the RMB The causes of the large trade deficit of the US A trade deficit is when a country imports more than it exports. As a matter of fact‚ in 2012‚ the US trade is preoccupied by a deficit reaching 539.514 billion. According to Robert E. Scott‚ the Director of Trade and Manufacturing Policy Research at the Economic Policy Institute in the US‚ there are three main factors that explain this phenomenon. He confirms that
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theories studied in Module 2‚ you should answer the following questions. With each answer‚ you should discuss the issues and set forth and defend a clear position on whether or not any constraint ought to be placed on the freedom of a business to: Export capital for production The exporting of capital for production would not be supported by a utilitarian and would be found to be unethical. A utilitarian would argue that by allowing our capital to be produced abroad we would be hurting ourselves
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product. Industry mainly supplied the domestic market‚ while exports were managed by a single government agency. After 1990‚ most of the enterprises went through a privatization process. A significant part of these enterprises didn’t change their destination‚ they kept producing textiles and garments but their activity was now concentrated on production under outward processing regime of clothes which comprise the majority of the Albania’s exports. The industry inputs are mainly supplied by imports‚ using
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option were one that you would consider‚ I would recommend a strong focus on domestic trade going forward. If we could increase our sales in the United States‚ it could make up for a lot of this loss without having to pay import or export taxes on our products (Export Gov‚ 2012). It would also save us from the expenses of entering a brand new market. A five to ten percent increase in sales in each current market should also be a goal if this option is chosen because it would help close the gap that
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million mainframe computer to an insurance company in Singapore and has been paid with a check drawn on a Singapore bank. This transaction would be recorded in current account because it is an account that recorder import and export goods that means the net revenue on exports minus payments for imports. b. - A private investor in San Francisco has received dividends of $ 80‚ 000 for stock she holds in a British firm. (Current Account) This transaction would be recorded in current account because
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EPCG Export Promotion Capital Goods (EPCG) scheme allows import of capital goods including spares for pre production‚ production and post production at zero duty for specified sectors and at a concessional rate of 3% Customs duty for all sectors‚ subject to an export obligation ranging from 6 to 8 times of duty saved on capital goods imported under EPCG scheme‚ to be fulfilled in 6 to 8 years reckoned from Authorization issue-date. EPCG scheme covers manufacturer exporters with or without supporting
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period‚ the value‚ composition and direction of India’s foreign trade have undergone significant changes. External Sector 6 India’s foreign trade has come a long way since 1950-51. The values of both exports and imports have increased several times over the period (Table 13.1). The value of exports rose from Rs. 606 crore in 1950-51 to Rs. 1‚06465 crore in 1995-96. The value of
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he established in May of 1990. Vikram established the business in an effort to fund his impending Masters in Business Administration in the United States. The business is located in Delhi‚ India where tax incentives are offered for business who export goods and materials to targeted countries including Japan‚ Canada‚ and France. Incentives in India include no tax on goods shipped to target countries‚ incentives on shipments exceeding 150‚000 INR‚ partial rebated duties taxes on raw materials imported
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that led many scholars to stress on the significance of exports. Some went even further to express the idea‚ that the growth during the industrial revolution depended on the overseas trade. During the industrial revolution‚some of the major developing industries ‚like textiles and coal‚grew even more by selling their products abroad. The technological innovations of the late 18th century made the British goods cheaper‚ ’ ’attracting ’ ’ export markets‚and soon Britain became the new commercial capital
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