Scribd
Upload
15 views1 page

VSAQ

The document consists of a series of very short answer questions related to export procedures, including obtaining an export license, the importance of registration with an export promotion council, and the necessity of pre-shipment inspection. It also covers key documents in the export process such as the bill of lading, mate's receipt, and letter of credit, along with the payment securing process for exports. Each question prompts a discussion on essential aspects of international trade and export management.

Uploaded by

IDK
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
15 views1 page

VSAQ

The document consists of a series of very short answer questions related to export procedures, including obtaining an export license, the importance of registration with an export promotion council, and the necessity of pre-shipment inspection. It also covers key documents in the export process such as the bill of lading, mate's receipt, and letter of credit, along with the payment securing process for exports. Each question prompts a discussion on essential aspects of international trade and export management.

Uploaded by

IDK
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

Very Short Answer Questions

1. Discuss the formalities involved in getting


an export license.

2. Why is it necessary to get registered with


an export promotion council?

3. Why is it necessary for an export firm to


go in for pre-shipment inspection?

4. What is bill of lading? How does it differ


from bill of entry?

5. Explain the meaning of mate’s receipt.

6. What is a letter of credit? Why does an


exporter need this document?

7. Discuss the process involved in securing


payment for exports.

You might also like