This document discusses merchandise trade, which refers to the trade of goods between countries, excluding services. It provides definitions of key terms like imports, exports, trade balance, and discusses how merchandise trade is measured and reported by various agencies. It also notes that while merchandise trade deficits can indicate economic trends, they do not fully capture trade in services and it is important to consider the overall trade balance.
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WORLD TRADE SERVICES
Advisory & Consultancy for Export & Import Incentives
WTS….is Emerging Export Import Consultancy Firm Promoted by Experienced & Expert Foreign Trade Consultant and Advocate.
WTS offer a prompt and hassle free Import Export Consultancy work like Import Export Documentation, Custom Clearance, Fema Cases, Freight Forwarding and DGFT Applications i.e. IEC/VKUY/ FMS/FPS/MIES/EPCG/DFIA /EXPORT HOUSE/100% EOU/SEZ/ APPROVAL/NORMS FIXATION and APEAL CASES.
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WTS is active Player in DUTY FREE IMPORT LICENCE Sale/Purchase having tie-up with leading Exporters - Importers for Buying and Selling DEPB/VKUY/FMS/FPS&DFIA Licences at Best Competitive Market Premium.
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OUR SERVICES
IEC – Import Export Code
RCMC - REGISTRATION & EXPORT COMPANY SET-UP
VKGUY License – Vishesh Krishi and Gram Upaj Yojana
FMS License - Focus Market Scheme
FPS License – Focus Product Scheme
MLFPS Licence - Market Linked Focus Products Scheme
MEIS Licence - Merchandise Export from India Scheme
EPCG License – Export Promotion Capital Goods
DFIA License – Duty Free Authorisation
ADVANCE AUTHORISATION SCHEME
EXPORT HOUSE CERTIFICATE
OTHER SERVICES
- AGRI. INFRASTRUCTURE INCENTIVE SCRIP.
- SEZ APPROVAL.
- ISO 9000/ISO 14000.
- D.S.C.: E-TOKEN INSTALLATION AND RENEWAL.
- CUSTOM CLEARANCE.
- FREIGHT FORWARDING & CHARTERING.
- IMPORT SOURCING.
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In this presentation we will deal with “Trade Finance”, where in we will talk about Methods and Types of Trading, Trade Contracts and Agreements, Trade Zone and role of financial institutions and banks in the Trading Business.
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Inline image 1
WORLD TRADE SERVICES
Advisory & Consultancy for Export & Import Incentives
WTS….is Emerging Export Import Consultancy Firm Promoted by Experienced & Expert Foreign Trade Consultant and Advocate.
WTS offer a prompt and hassle free Import Export Consultancy work like Import Export Documentation, Custom Clearance, Fema Cases, Freight Forwarding and DGFT Applications i.e. IEC/VKUY/ FMS/FPS/MIES/EPCG/DFIA /EXPORT HOUSE/100% EOU/SEZ/ APPROVAL/NORMS FIXATION and APEAL CASES.
WTS handle all comprehensive paper work with ATMOST CARE and provide Excellent/ valuable Services on Export Import Matters to our valued clients. We strive hard to ensure prompt execution of all necessary documents and formalities as per current EXIM POLICY. Through proper and professional approach we save our clients TIME and MONEY and Control Hidden Cost/Overhead Expenses.
We have Design SMS/Email System to update clients of their day to day paper works and DGFT Applications status.
Our Result Oriented Excellent EXIM Consultancy Services lead us a Emerging Export Import Consultancy Firm in India.
WTS is active Player in DUTY FREE IMPORT LICENCE Sale/Purchase having tie-up with leading Exporters - Importers for Buying and Selling DEPB/VKUY/FMS/FPS&DFIA Licences at Best Competitive Market Premium.
Inline image 3
OUR SERVICES
IEC – Import Export Code
RCMC - REGISTRATION & EXPORT COMPANY SET-UP
VKGUY License – Vishesh Krishi and Gram Upaj Yojana
FMS License - Focus Market Scheme
FPS License – Focus Product Scheme
MLFPS Licence - Market Linked Focus Products Scheme
MEIS Licence - Merchandise Export from India Scheme
EPCG License – Export Promotion Capital Goods
DFIA License – Duty Free Authorisation
ADVANCE AUTHORISATION SCHEME
EXPORT HOUSE CERTIFICATE
OTHER SERVICES
- AGRI. INFRASTRUCTURE INCENTIVE SCRIP.
- SEZ APPROVAL.
- ISO 9000/ISO 14000.
- D.S.C.: E-TOKEN INSTALLATION AND RENEWAL.
- CUSTOM CLEARANCE.
- FREIGHT FORWARDING & CHARTERING.
- IMPORT SOURCING.
- JOINT VENTURE.
In this presentation we will deal with “Trade Finance”, where in we will talk about Methods and Types of Trading, Trade Contracts and Agreements, Trade Zone and role of financial institutions and banks in the Trading Business.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit:
http://www.welingkaronline.org/distance-learning/online-mba.html
Foreign trade policy - International Business - Manu Melwin Joymanumelwin
Foreign trade is the exchange of goods and services between nations. Goods can be defined as finished products, as intermediate goods used in producing other goods, or as agricultural products and foodstuffs.
International Marketing Management - IntroductionSOMASUNDARAM T
Definition; scope and challenges; difference between international marketing and domestic marketing; the dynamic environment of international trade; transition from domestic to international markets orientation of management and companies; international marketing environment.
Foreign exchange market mechanism (FOREX) - International Business - Manu Mel...manumelwin
The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. The main participants in this market are the larger international banks.
Theoretical Part Topics:
1. Introduction to International Trade
2. Trade Barrier & Imperfect Competition
3. Trade Body, Trade Law and Product introduction
4. World Apparel Market and BDG RMG Sector
5. Market and Demand Analysis
6. World Market analysis and Potentialities
7. Introduction to Marketing and Export Promotion
8. Communication Strategy
9. Process of Export and Import
Foreign trade policy - International Business - Manu Melwin Joymanumelwin
Foreign trade is the exchange of goods and services between nations. Goods can be defined as finished products, as intermediate goods used in producing other goods, or as agricultural products and foodstuffs.
International Marketing Management - IntroductionSOMASUNDARAM T
Definition; scope and challenges; difference between international marketing and domestic marketing; the dynamic environment of international trade; transition from domestic to international markets orientation of management and companies; international marketing environment.
Foreign exchange market mechanism (FOREX) - International Business - Manu Mel...manumelwin
The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. The main participants in this market are the larger international banks.
Theoretical Part Topics:
1. Introduction to International Trade
2. Trade Barrier & Imperfect Competition
3. Trade Body, Trade Law and Product introduction
4. World Apparel Market and BDG RMG Sector
5. Market and Demand Analysis
6. World Market analysis and Potentialities
7. Introduction to Marketing and Export Promotion
8. Communication Strategy
9. Process of Export and Import
Gains from international trade-Terms of trade-Technical progress & trade -Balance of payment-Balance of trade-economic effects and trade restrictions-Bilateralism-OPEC & other International cartels
Gains from international trade-Terms of trade-Technical progress & trade -Balance of payment-Balance of trade-economic effects and trade restrictions-Bilateralism-OPEC & other International cartels
DataSeries NameCountry Name20052006200720082009201020112012201320142005200620072008200920102011201220132014Current account balance (% of GDP)Japan3.72108339084.00924981874.86040164832.93071950222.8932255044.01951774382.19446441271.0096101420.83609192680.52202377983.74.04.92.92.94.02.21.00.80.5Current account balance (BoP, current US$)Japan170123000000174673000000211736000000142116000000145678000000220888000000129597000000601169996974113206998424020721717170.1174.7211.7142.1145.7220.9129.660.141.124.0Goods exports (BoP, current US$)Japan570982000000619219000000680623000000749118000000548145000000735436000000789951000000776640000000694940000000699454000000571.0619.2680.6749.1548.1735.4790.0776.6694.9699.5Goods imports (BoP, current US$)Japan464018000000524113000000560022000000693841000000490054000000626912000000794425000000830124000000784588000000798654000000464.0524.1560.0693.8490.1626.9794.4830.1784.6798.7Service exports (BoP, current US$)Japan101961000000109346000000121579000000141040000000120914000000134553000000140709000000136974000000135398000000163081000000102.0109.3121.6141.0120.9134.6140.7137.0135.4163.1Service imports (BoP, current US$)Japan139013000000141407000000158677000000178976000000155754000000164880000000175780000000184689000000170878000000192305000000139.0141.4158.7179.0155.8164.9175.8184.7170.9192.3Primary income payments (BoP, current US$)Japan3875267341149873022710596770714895502833067540624093900467443974785058834823654194074488566817566096298270082638.849.959.755.040.646.750.654.256.763.0Secondary income, other sectors, payments (BoP, current US$)Japan1210364695812046002251131570299521668733787615819388879166517330932057556177222906139971205580612252763651703812.112.013.216.715.816.720.622.920.627.6Exports of goods and services (BoP, current US$)Japan672942000000728565000000802202000000890158000000669059000000869990000000930660000000913614000000830338000000862535000000672.9728.6802.2890.2669.1870.0930.7913.6830.3862.5Imports of goods and services (BoP, current US$)Japan6030310000006655200000007187000000008728170000006458070000007917930000009702050000001014810000000955467000000990959000000603.0665.5718.7872.8645.8791.8970.21014.8955.5991.0Imports of goods, services and primary income (BoP, current US$)Japan6417836734117153930227107783770714899278453306756864310939008385373974781020793348236106900407448810121487566091053941700826641.8715.4778.4927.8686.4838.51020.81069.01012.11053.9Exports of goods, services and primary income (BoP, current US$)Japan8194790000009007490000001001626000000108300400000084450600000010718210000001164214000000114346800000010633990000001096911000000819.5900.71001.61083.0844.51071.81164.21143.51063.41096.9Data from database: World Development IndicatorsLast Updated: 02/17/2016
Current account balance (% of GDP) Japan 2005.0 2006.0 2007.0 2008.0 2009.0 2010.0 2011.0 2012.0 2013.0 2014.0 3.721083390771636 4.009249818704644 4.860401648266817 2.93071950221195 2.893225504039469 4.019517743774466 2.194464.
This presentation tells us about the how statistics tools are used to calculate how a country is performing internationally.
Kuldeep Bhardwaj- bhardwajkuldeep012@gmail.com
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www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
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Amendment of MOA:
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Merchandise trading
1. REPORT
On
MERCHANDISE TRADE
Merchandising is the methods, practices, and operations used to promote and
sustain certain categories of commercial activity. In the broadest sense,
merchandising is any practice which contributes to the sale of products to a retail
consumer.
In marketing, one of the definitions of merchandising is the practice in which the
brand or image from one product or service is used to sell
another. Trademarked brand names, logos, or character images are licensed to
manufacturers of products such as toys or clothing, which then make items in or
emblazoned with the image of the license, hoping they'll sell better than the same
item with no such image.
In the supply chain, merchandising is the practice of making products in retail
outlets available to consumers,
Merchandise Trade definition -
Goods which add or subtract from the stock of material resources of a country by
entering (imports) or leaving (exports) its economic territory. Goods simply being
transported through a country (goods in transit) or temporarily admitted or
withdrawn (except for goods for inward or outward processing) do not add to or
subtract from the stock of material resources of a country and are not included in
the international merchandise trade statistics. In many cases, a country's economic
territory largely coincides with its customs territory, which is the territory in which
the customs law of a country applies in full.
2. The two trade concepts-
Customs-based trade statistics cover the physical movement of goods as
they are reflected on customs documents. Thus, they only cover merchandise
trade. Various product coding systems are used to classify the traded goods.
Balance of Payments (BOP)-based trade statistics are based on the flow of
money. The balance of payments (BOP) is an accounting of a country's
international transactions over a certain time period, typically a calendar
quarter or year. It shows the sum of the transactions (purely financial ones,
as well as those involving goods or services) between individuals,
businesses, and government agencies in that country and those in the rest of
the world.
These statistics cover both merchandise trade and trade in services.
Merchandise trade only includes trade in goods, not services nor capital transfers
and foreign investments. Official merchandise trade statistics measure the level,
month-over-month and year-over-year changes in total trades, exports and imports.
Balance of merchandise trade is equaled to total exports minus general imports.
Exports are defined as total exports which include 1. Domestically produced goods
and 2. Re-exports, that are re-exporting of goods which are imported and
warehoused in U.S. General Imports constitute of imports for immediate
consumption channels and warehouses. Merchandise trade is reported in current
U.S. dollars with no inflation adjustments. Merchandise trade report is published
by the U.S. Department of Commerce, Bureau of the Census and Foreign Trade
Division (FTD).
While merchandise trade can be used as an indicator of the overall health of the
economy, one must be cautious and avoid misinterpreting merchandise trade
deficit as trade deficits. This is because trade deficit is sometimes used
interchangeably with merchandise trade deficit, deficit in goods and services or
current account deficit. Deficit in goods and services includes significant economic
services such as tourism, financial services, transportation, and
telecommunications. Therefore, it is important to distinguish that merchandise
trade only refers to trade in goods whereas trade deficit can also refer to deficit in
goods and services or current account deficit. In this case, even if U.S. is running a
3. merchandise trade deficit that does not mean the economy is not doing well
because it can be a net importer of goods but a net exporter of services.
Merchandise trade as a share of GDP is the sum of merchandise exports and
imports divided by the value of GDP, all in current U.S. dollars.
INDIA 2007 2008 2009 2010
30.5 42.4 30.6 31.7
India’s merchandise trade is on way to touch $750 billion in the FY`12, accounting
for 68 per cent of the country’s $1.1 trillion economy which is fast integrating with
the rest of the world.
The DGCI&S reports that merchandise trade exports touched $176.6 billion in
2009/10 which was 4.7 per cent less than in 2008/09. Because of currency
fluctuations, the value of exports show a smaller decline in rupee terms and the
rupee value of merchandise exports in 2009/10 is actually almost the same as in
2008/09. The value of merchandise imports in 2009/10 was 8.2 per cent lower at
$278.7 billion and 4 per cent lower in rupee terms.
Advance Release calendar
SDDS Data Unit of Period of Latest Previous Percentage
Category Description Latest Data Data Data Change
and Component from
previous to
latest
period
Total Exports US $ Aug,2010 16644 13586 22.5
(f.o.b) Million
Total Imports US $ Aug,2010 29679 22449 32.2
(c.i.f) Million
Total Trade US $ Aug,2010 -13035 -8862 47.1
Balance of Million
payment