Table of Content
 

 

International Trade

  • Regulations of International Trade
  • Risks in International Trade
  • Top Trading Nations
  • Top Traded Commodities (Exports)

International Trade – WTO

  • GATT rounds of negotiations
  • Functions of WTO
  • Principles of the trading system

Export and Import

  • Export
  • Advantages of Exporting
  • Disadvantages of Exporting
  • Ways of exporting
  • Making the export decision
  • Import

Starting Exports – Important steps

  • Basic Requirements
  • IEC Number
  • Export License
  • Export Samples
  • Export Pricing
  • Steps for successful exporting

Export Documentation

  • Pre-shipment Documents
  • Post Shipment Documents
  • Export Documents

Payment Terms

  • Payment in Advance
  • Letter of Credit
  • Documentary Collections
  • Open Account

INCOTERMS

  • Classification
  • Multi Modal Transport Rules
  • Sea and Inland Waterway Transport Rules
  • Trade Rules

Methods of Financing Exporters

  • Pre-Shipment Finance
  • Post-Shipment Advance

Export Assistance

  • Importance of Export Assistance
  • Export Promotion Measures in India
  • Eligibility for Export/Trading/Star Trading/Super Star Trading Houses
  • Rendering exports price competitive
  • Strengthening Export Marketing Effort
  • Special Economic Zones
  • Export Processing Zone /Export Oriented Units

Processing of an export order

  • Nature and Format of Export Order
  • Examination and Confirmation of Export Order
  • Central Excise Clearance
  • Pre-shipment Inspection
  • Appointment of Clearing and Forwarding Agents
  • Transportation of Goods to Port of Shipment
  • Port Formalities and Customs Clearance
  • Certificate of Origin and Shipment Advice
  • Presentation of Documents to Bank
  • Claiming Export Incentives

Imports

  • Why Import
  • Global Sourcing
  • Import Requirements and Documentation
  • Procedure to Import
  • Import Duties
  • Payment Methods
  • Import Financing
  • FEMA Guidelines relating to Imports
  • Export Promotion Capital Goods Scheme - EPCG
  • Foreign Trade Policy (2015-2020)

Forex Introduction

  • What is Foreign Exchange
  • Why is foreign exchange important to us?
  • What is a foreign Exchange market?
  • Foreign Exchange as a Financial Market
  • Foreign Exchange is an OTC Market (Over The Counter)
  • Market Participants

Foreign Exchange Basics

  • Rates of Exchange
  • Primary and Counter Currency
  • Market Maker and Market Taker
  • Bid/Offer Rate
  • Middle Rate
  • Cross Rates
  • Factors affecting exchange rate fluctuations
  • Major Currencies
  • Fixed, Floating and Dirty Float
  • Trading Terminology

Foreign Exchange Risks

  • Effect of fluctuations in exchange rates: exposure and foreign exchange risk
  • Exchange Rate Risk
  • Interest Rate Risk
  • Credit Risk
  • Country Risk
  • How to manage your risk

Kinds of Foreign Exchange Market

  • Spot Market
  • Forwards Market
  • Currency Forward Swaps
  • Futures Market
  • Strategies using Currency Futures
  • Hedging using Currency Futures
  • Speculation in Currency Futures

Currency Markets in India

  • Product Specification
  • Uses of Currency Futures at NSE
  • Membership
  • Clearing, Settlement and Risk Management

 

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