Question 1: Do you think that International Contract Terms help in decreasing disputes between exporters and importers? Discuss and explain different International Contract Terms with appropriate illustrations.
Question 2: What do you mean by term payment? Enumerate different methods of payment and elucidate the mechanism of realizing payment under the documentary credit.
Question 3:
a) Discuss different kinds of perils under the cargo insurance.
b) Explain the basic principles of ECGC Operation.
Question 4: Differentiate between the given terms:
a) Spot rate and forward rate.
b) Pre-shipment finance and Post- Shipment finance.
Question 5: Write short notes on the given terms:
a) Role of Export Import Book of India.
b) Fiscal Incentives for Export Promotion.