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Imports, Exports, and Exchange Rates: Crash Course Economics #15
 
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What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 880614 CrashCourse
Milton Friedman - Imports, Exports & Exchange Rates
 
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Professor Friedman explains the principles that govern imports, exports and exchange rates. http://www.LibertyPen.com Source: Milton Friedman Speaks Buy it: http://www.freetochoose.net/store/product_info.php?products_id=152
Views: 34943 LibertyPen
How Exchange Rates Work
 
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● We explain topics simply. So Subscribe if you want to learn while being entertained. ✔ Please like the video and comment if you enjoyed - it helps a lot! ▶ If you want a question answered then ask in the comments and we may make a video about it! About the video: You may have traveled a lot and wondered why you get more of one currency when you exchange it for another. If so, you have witnessed exchange rates in action, but do you know how they work? Watch the video to find out what exchange rates are, how to convert between them and the different systems which determine a currencies exchange rate. Historically the gold standard system had been used, which fixed currency to a select value of gold, held in a vault. The three main systems are the floating, managed and fixed exchange rate systems. The floating system has minimal government intervention, using supply and demand to determine the exchange rate. The managed exchange rate is allowed to be within a permitted band and a fixed exchange rate is usually pegged to a currency with the interest of being competitive in the international market. The video explains this in more detail and with helpful picture to guide you through the subject.
Views: 302284 SimplyExplain
Learn about Export Procedure
 
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Find 1500+ education videos available at http://www.youtube.com/user/IkenEdu Business is everywhere in the world and the kids should always learn about the basics of business so that they will be aware about these. In this video, kids will learn the role of customs in facilitating legitimate trade and help secure access to overseas market. Watch the full video and learn everything about Export Procedure.
Views: 180382 Iken Edu
Methods of Payment in International Trade for Export & Import (2018)
 
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4 Methods of Payment used in International Trade are Open Account, Advance Payment, Documentary Collection & Documentary Credit Equipment Used : Laptop : https://amzn.to/2vfT0Yy Microphone Stand : https://amzn.to/2H0bzli Microphone : https://amzn.to/2IT3ob0 Audio Interface : https://amzn.to/2GTAcjn Earphones : https://amzn.to/2JGbipd Camera Stand : https://amzn.to/2JEHOIt Camera : https://amzn.to/2GVE4Ak Screen Prompt : https://amzn.to/2GVfhAF For Importers that want to know How to Import and for Exporters that want to know How to Export, it is important to understand what are the methods of payment in International Trade. Also, this video walks you through the movement of 3 items between the Exporter and Importer in International Trade. From the Exporter to Importer, there are movement of goods and shipping documents. From the Importer to Exporter, there are movement of money. From these 3 movements of goods, shipping documents and money, there are 4 methods of payment which are o Open account o Advance payment o Documentary Collection o Documentary Credit The video talks about when the goods are available to the Importer, the timing of the payment & the risks to the Importer under the different method of payment. If the Exporter & Importer are new to each other and there is no trust between both parties, they need the bank to come into the picture and for this the bank had invented o Documentary Collection Method - Sight(D/P- Documents Against Payment) & Usance (D/A-Documents Against Acceptance) o Documentary Credit Method This video is designed to provide those operating within International Trade : Exporters, Importers, Bankers & Insurers, Freight forwarders and Carriers an opportunity to broaden their understanding of methods of payment in International Trade. -- ► Subscribe to my Channel https://www.youtube.com/c/TradelinksResources ► Follow My Website: https://tradelinks.com.my/ -- This video was produced by 1. Mr. Billy Fong Goon Poy, ACIB, MITD, Master Trainer 2. Ms Sook Ling, Online Content Creator Tradelinks Resources conducts public training programs for the following International Trade courses in Malaysia 1. Incoterms 2010 2. Letters of Credit 3. Bills of Lading - Correct Preparation To Avoid Rejection by Banks
Views: 38549 Tradelinks Resources
Learn Foreign Exchange Reserves | US-China Trade War | Rupees Appreciate Depreciate
 
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In this video, we are going to learn about Foreign Exchange Reserves, foreign exchange market - how it works, who are the participants and how it affects import and export, we will also understand the reason behind China-US trade war and many other interesting questions related to foreign exchange with respect to India (devaluation of currency, rupee appreciation and depreciation). Stick around this video is going to be interesting. ***Time stamp*** 1. Definition of Foreign Exchange Reserve @ 0:22 2. How Foreign Exchange Market works @ 1:05 3. Participants in Foreign Exchange Market @ 2:16 4. Role of Reserve Bank of India @ 4:29 5. The most important reason behind holding foreign currency reserve @ 6:02 6. Why do countries keep the value of their domestic currency lower than the dollar @ 6:42 7. And how do they do it @ 7:25 8. Summary of China - United States trade war @ 7:28 9. What does it mean when the Rupee becomes stronger or weaker against some currency @ 9:25 10. Why can't India devaluate the Rupee just like China @ 10:54 11. What can the Reserve Bank of India and Government of India can do to make the Rupee stronger @ 11:50 12. Why the Government of India is increasing the oil prices despite weaker rupee @ 12:36 Fill this feedback form for a better learning experience https://goo.gl/vrYPBw Click here if you want to subscribe https://www.youtube.com/user/TheRealSengupta Maps and sketches can be found on the instagram account search for "geographysimple"
Views: 6813 Amit Sengupta
Export Documentation and Procedure - Part I
 
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A simple and detailed explanation of Export documentation and Procedure by Kumar Wins
#72, Foreign exchange rate (Class 12 macroeconomics)
 
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Class 12 macroeconomics ..... Foreign exchange rate.... Foreign exchange.... Types of foreign exchange rate ..... Depreciation and appreciation of currency.... Contact for my book 7690041256 Economics on your tips video 72
Views: 306292 Economics on your tips
The Determinants of Exchange Rates in a Floating Exchange Rate System
 
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To understand how a country's currency might appreciate or depreciate, you must understand the variable that can affect demand or supply for the currency on the forex market. This lesson will introduce a useful acronym (TIPSY) for remembering the determinants of exchange rates, and evaluate the advantages and disadvantages of floating exchange rate systems. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 25292 Jason Welker
Dollar($) के सामने Rupee की कीमत कैसे और कौन तय करता है? How are Rupee-Dollar rates determined?
 
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Why Indian RUPEE is falling against US dollar? and why prices of petrol & diesel is also increase? Link : https://www.youtube.com/watch?v=OTJfM8r_q3A In the past few days, a shocking news came to India's economy when the price of rupee reached level 73 against the dollar. This was the biggest drop in rupees in the history of India. how dollar's value is determined by the rupee and who decides it? important to know the history of Indian Rupee, what happened in history with Indian Rupee. So today the rupee value is around 72 in front of $1, the price of $1 was equal to one rupee in 1947. And then what has happened is that in the last 70 years rupee is more than the dollar Continued decreasing. Is there any reason for the cost of the currency because the price of the currency of the country is more or less? Now borrowed the loan, due to this, the Indian government had to reduce the cost of the rupee for the first time. The main reason for the rupee's fall was the promotion of foreign investment, as well as promoting exports. So that the foreign reserve could be increased. After independence, India adopted the fixed exchange rate system. Under the system, the government had decided that what would be the cost of Indian rupee against the dollar? Because of this, the price of Rupee has been around Rs 4.79 against the dollar since 1948. In the year 1971, the link of Indian Rupee was abolished with British pound and rupee was paired with a straight dollar. After that, till 1975, the dollar reached 8 rupees against the dollar and in the year 1985, the price of $1 was up to 12 rupees. Then came, the year 1991, The slow pace of inflation and development had broken the back of Indian economy. And India's foreign exchange was almost over, the government had to devalue the rupee again to keep the reserves of the foreign reserves alive. Because of that, in 1991, the price of one dollar reached 17 rupees. After which the government adopted Flexible Exchange Rate policy instead of the fixed exchange rate in 1993. That is, the price of the dollar was now going to decide the market, which was earlier decided by the government. But in this new system, some power was given in the hands of the RBI to stabilize the dollar rate. After this policy, the price of the rupee declined significantly. Now, instead of 1 dollar, 31 rupees would have to be repaid. After this gradually the strength of the remaining rupees was reduced, and by the year 2010, it had crossed 45 rupees. and by the year 2013, the price of one dollar had crossed 63 rupees and in spite of all the efforts of the RBI on the Modi government in 2018, the price of $1 has reached 73 rupees. Actually, the value of money depends on many things such as inflation, employment, interest rate, growth rate, trade deficit, volatility of equity markets, foreign currency reserves and so many other factors, which make rupee weak and strong Are there. whole game is foreign reserve, that is foreign currency. The foreign reserve is connected by import and export. The country which buys more import means that it buys more things from outside, its foreign reserves are lower, due to which the currency value decreases. And the same country exports more, that means, sending out more things outside, there is more foreign currency in the country, which increases the foreign reserve, which also increases the value of the currency of that country. But in this, the government has to make a balance, because if the currency of a country is strong then the external country will buy less from it. Which reduces exports. interest rate of RBI. If the interest rate on the deposit is high, people from foreign countries will invest more. And if the same interest rate is low, then there will be a decrease in foreign investment. Talking about today, the first reason for the rupee weakness is the rising prices of crude oil. Because of which the government has to pay more in foreign currency, which is decreasing the foreign reserve. The second reason is the trade deficit. Which is estimated to increase by 2.5% by 2019, the trade deficit decreases in foreign reserves, and the rupee fall in price To know more about what is a trade deficit, you must definitely see the main reason for the fall of Indian rupees; in that we have talked about it. And the dollar's rising demand in the international market is also an important reason for the rupee weakening, now what the Modi government does to stop it, we will be able to see it all in the coming time. Countries such as Russia, Russia and Iran have started taking some steps to curb the dollar, in which they are planning to use gold instead of dollars in imports export. But what is the future of rupees?
How Imports and Exports Affect You | Economics
 
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In this video we will see some interesting facts about Imports and Exports. How it affects consumers, economy, GDP etc. With the GST being launched from July 1, imports and exports will directly depend on new tax rules. Imports are an important indicator and a vital component of the economy. A high level of imports indicates robust domestic demand and a growing economy. When net exports exceeds net imports, the nation has a trade surplus. When the imports are higher than the exports trade deficit occurs. so the bottom line is Imports and exports has a major impact on the consumer and the economy directly, and the same is true when seen the other way round. Fill this feedback form for a better learning experience https://goo.gl/vrYPBw Click here if you want to subscribe https://www.youtube.com/user/TheRealSengupta Maps and sketches can be found on the instagram account search for "geographysimple" Check the other playlists of CBSE NCERT Geography videos Class 6 - https://goo.gl/DDFtIF Class 7 - https://goo.gl/ppPK05 Class 8 - https://goo.gl/OD3Gwh Class 9 - https://goo.gl/AIEXxQ Class 10 - https://goo.gl/inWIAR Class 11 (Part 1) - https://goo.gl/Pn5EIE Class 11 (Part 2) - https://goo.gl/X4zY9K Class 12 - https://goo.gl/Kszpz5
Views: 14389 Amit Sengupta
🚧 Exports and Imports | Protectionism, Tariffs and Who Benefits From Them
 
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Is exporting more important than importing? Who benefits from tariffs and protectionism? Is international trade "evil"? Learn Austrian Economics in a fun way! LINKS SUPPORT our project: http://bit.ly/2fgJR9e Visit our website: http://econclips.com/ Like our Facebook page: http://bit.ly/1XoU4QV Subscribe to our YouTube channel: http://bit.ly/1PrEhxG ★★★★★★★★★★★★★★★★★★★★★★★★★★ Music on CC license: Kevin MacLeod: Home Base Groove – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/...) Źródło: http://incompetech.com/music/royalty-... Wykonawca: http://incompetech.com/ ★★★★★★★★★★★★★★★★★★★★★★★★★★ Econ Clips is an economic blog. Our objetive is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, money, investing, monetary systems, financial markets, financial institutions, cental banks and so on. With us You can learn how to acquire wealth and make good financial decisions. How to be better at managing your personal finance. How to avoid a Ponzi Scheme and other financial frauds or fall into a credit trap. If You want to know how the economy really works, how to understand and protect yourself from inflation or economic collapse - join us on econclips.com. Learn Austrian Economics in a fun way!
Views: 15044 EconClips
Currency Appreciation & Depreciation - How it Affects the Economy | Economics
 
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In this video we will learn what is Rupee appreciation and depreciation. It is also referred to as currency devaluation and revaluation. You must have read it in the newspaper that rupee has become stronger or weaker or crashed or gained some points against the American dollar. All of this simply means that the value of rupee has either increased or decreased against the American Dollar. This topic is part of Macroeconomics. Currency Appreciation & Depreciation has a huge affect on a nation's economy. It drives Foreign Direct Investment FDI, increases foreign reserves and it also affects a country's import and export. Fill this feedback form for a better learning experience https://goo.gl/vrYPBw Click here if you want to subscribe https://www.youtube.com/user/TheRealSengupta Maps and sketches can be found on the instagram account search for "geographysimple"
Views: 18683 Amit Sengupta
WELCOME SPEECH BY VICE CHAIRMAN, EXPORT PROMOTION BUREAU
 
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WELCOME SPEECH BY VICE CHAIRMAN, EXPORT PROMOTION BUREAU OF BANGLADESH @ DESTINATION NEXT VIEWS EXCHANGE EVENT ON BFID EXPO MAY 7, 2018 LAKESHORE HOTEL DHAKA
Views: 90 DTC.live
How to calculate the impact of import and export tariffs.
 
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A tutorial on how import prices increases consumer surplus and decreases producer surplus, the impact of tariffs and the deadweight loss to society. Like us on: http://www.facebook.com/PartyMoreStudyLess
Views: 181680 Economicsfun
Foreign Exchange (FOREX)- Macro 5.2
 
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Mr. Clifford explains the market for foreign exchange and national currencies. If you want more practice watch this video: https://www.youtube.com/watch?v=9DVYVfI81R8
Views: 398934 Jacob Clifford
CAIIB Forex Case Studies 1
 
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It is a case study on calculation of Foreign Exchange rate for discounting of FC export bill by using cross rate.
Views: 26364 Ns Toor
Introduction to Exchange Rates and Forex Markets
 
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Different countries have different currencies, and understanding how their values are determined is fundamental to understanding how trade between nations takes place. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 39124 Jason Welker
Roundtrip Premiere Pro to Davinci Resolve Color Grading Workflow
 
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In this video editing tutorial, we’ll cover how to use Davinci Resolve to color grade a project that has been edited in Premiere Pro. We can export AAF or XML from Premiere and import a full project directly into Davinci Resolve to take advantage of it’s amazing color grading power and then export that AAF or XML right back into Premiere Pro so we can finish adding titles, captions, finishing transitions, cut tweaks, and more before exporting the finished movie, film, or YouTube video. It really is an amazing workflow and allows you to use the incredible power of Davinci Resolve without fear or worry on your next video editing project! Check out Davinci Resolve Lite here: https://www.blackmagicdesign.com/products/davinciresolve Written Premiere tutorial: http://bit.ly/2hXZxf5 Pick up my image retouching tutorial package ($27) right here: http://tutvid.com/retouching-photos-photoshop/ INSTAGRAM, SNAPCHAT, & MORE: http://instagram.com/tutvid http://twitter.com/tutvid https://www.facebook.com/tutvid 👻 tutvid.com CREDITS: Social Icons in outro: http://www.freepik.com/free-vector/six-social-networking-icons-with-infographic-resources_982300.htm
Views: 151194 tutvid
Why Foreign Currency Reserves Are Important – A Beginners Guide
 
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http://illuminatisilver.com http://facebook.com/illuminatisilver Why Foreign Currency Reserves Are Important Today is Sunday 18th December 2016 and we are providing an explanation as to what Foreign Currency Reserves are and why they are important. We are too well aware that many of our subscribers have differing experiences with and knowledge of; markets, foreign currencies and International currency trading issues. So as a guide for those who are perhaps less experienced in these areas we thought we would provide a brief definition and general guide as to what they are why such reserves are important and how various Governments use them. Foreign Currency Reserves (Forex Reserves) is the amount of foreign currencies that are held by the Central Bank of a country. In general use, foreign currency reserves may also include gold and IMF reserves such as SDR’s or Special Drawing Rights. 2 Main Reasons for Holding Foreign Currency Reserves are: 1. To influence the exchange Rate. With large foreign exchange reserves, a country can target a certain exchange rate. For example, suppose a country wanted to increase the value of its currency, it could sell it’s dollar reserves to buy its own currency on the foreign exchange markets. The increased demand for this currency would appreciate its value. An example of the opposite of this happening and to which President-Elect Trump has made reference during the Election campaign, is the case of China who have historically been trying to keep the Yuan undervalued by selling Yuan and buying Dollars thereby improving their export prospects to overseas markets – by flooding them with ‘cheap goods’. This is why China has so many Dollar reserves in excess of $3 trillion worth at the current time. 2. To act as a Guarantor for Liabilities such as External Debt. If a country holds substantial foreign debt, holding foreign currency reserves can help to give more confidence in the country’s ability to pay. If countries have dwindling foreign currency reserves, there is likely to be deterioration in a country’s credit worthiness. There are Problems however in holding Foreign Currency Reserves: 1. Foreign Currency Reserves are rarely sufficient to target a certain exchange rate. If speculators sell heavily, then a currency will fall despite the best efforts of a Central Bank. e.g. In 1992, the UK lost billions of pounds trying to protect the value of Sterling when it was in the Exchange Rate Mechanism. Eventually, the UK authorities had to admit defeat and devalue the pound. This was the time when the much maligned George Soros made a $1 billion in betting against the Bank of England. 2. Inflation Erodes Value. The problem with holding foreign currency reserves is that they can lose their value. Inflation erodes the value of currencies not fixed against gold for example. Therefore, a Central Bank will need to keep buying foreign reserves to maintain the same purchasing power in markets. 3. They may lose Money on Currency Changes. In theory a Central Bank can make money through the appreciation of other currencies it holds. However, many Central Banks have been losing money through the long term decline in the value of the dollar for example, though recently this situation has reversed. Knowing all of this now, hopefully when you hear that a country has embarked on a policy of selling its US Dollar foreign currency reserves, such as China has recently, rather than assuming it’s because it no longer has confidence in that currency, which many of the gold and silver pumpers would have you believe, which admittedly could be one reason, it could also be because it is trying to maintain or prop up the value of its own currency - the Yuan - for which it has exchanged those dollars or even taking profits on some of the reserves it owns, especially when the dollar is gaining strength. Please view our recent videos: Gold and Silver Update w/e 16th December 2016 https://youtu.be/ulTkoUYUoFA Ignore the Dollar Collapse Fear Mongering – Rants Illuminati Silver https://youtu.be/5iOG7-_vvF0 Gold nanotechnology and AMD - Blindness https://youtu.be/jNry9Q8aaQs Fed raises Rates - More to Come - Gold and Silver prices fall https://youtu.be/3NMz7kZf4eA Oil prices Jump 6% – Good News for Gold and Silver prices https://youtu.be/yEPyvytaV5Y Why is Donald Trump upsetting the Chinese Bear? https://youtu.be/tB_f9yO9KsI FED, Gold, Silver, Interest rates and Markets 2016 https://youtu.be/DhUGxJtDmiQ Gold and Silver Update w/e 9th December 2016 https://youtu.be/1QX6134XbPU Why Silver May Outshine Gold (cont.) https://youtu.be/tWqrbebJuZ4 ECB Extends QE but Tapers it – Gold prices rise in Euro terms. https://youtu.be/DaOKkkEn-Ug Financial Armageddon – The Final Days https://youtu.be/CNl3RCMSpOo
Views: 11408 Illuminati Silver
Tokyo - Currency Exchange Guide (TRAVEL GUIDE) | Episode# 10
 
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Tokyo Currency Exchange guide for visitors in this Tokyo travel guide by Hipfig. Money Exchange in Tokyo, Japan can be done at Airports, Major Train Stations, Banks and Post Office in Tourist areas, Private Counters in Tourist Areas and Money Exchange Machines in Convenience Stores as well as Malls in tourist areas. 1). Japan Currency Yen information for Tokyo, Japan visitors (¥, Japanese Yen) 2). Money change counters in Tokyo like Airports, Major Train Station like Tokyo Station, Shinagawa station and private currency exchange counters in tourist areas like Shinjuku, Asakusa, and Shibuya area, 3). Information on Currency Exchange Counters at Tokyo Narita Airport and Haneda Airport Arrival halls, 4). Information on Currency Exchange Counters at Tokyo Station and Shinagawa station, 5). Information on Currency Exchange Counters in Shinjuku area in Tokyo, 6). Information on Currency Exchange Machines in Family Mart Convenience Stores and Malls in Tourist areas like Shinjuku and Asakusa, 7). Information on Currency Exchange Counters in Asakusa and Shinuya in Tokyo, 7). Tips for Currency Exchange in Tokyo (like open hours) for new visitors – Tokyo travel guide S U B S C R I B E: https://goo.gl/bZzVS5 Official Hipfig Travel-Channel Website: http://www.hipfig.com/ F A C E B O O K: https://www.facebook.com/HipfigTravelChannel T W I T T E R: https://twitter.com/hipfig #Hipfig #Tokyo #CurrencyExchange #travel #travelguide #MoneyChangers
Floating vs. Fixed Exchange Rates- Macroeconomics 5.4
 
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Float it or fix it? Mr. Clifford expalins the difference between floating and fixed exchange rates and how countries peg the value of their currency to another currency. Make sure to watch this video first: https://www.youtube.com/watch?v=9DVYVfI81R8
Views: 256110 Jacob Clifford
What global trade deals are really about (hint: it's not trade) | Haley Edwards | TEDxMidAtlantic
 
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TPP, NAFTA, GAAT, WTO -- the concepts that govern our global economy and international trade are confusing to say the least, but affect us all. And why is there so much conflict around trade deals, which became a focal point during the 2016 US Presidential election? Haley Edwards breaks down the history of trade and explains how the idea of global trade has transformed in the past decades. Haley Edwards is an author and correspondent at TIME. Her book, Shadow Courts: The Tribunals That Rule Global Trade came out in 2016. Previously, she was an editor at the Washington Monthly and a foreign correspondent in the Middle East and the former Soviety Union, where she reported for the Los Angeles Times, The Atlantic, The New Republic, and other publications. She studied philosophy at Yale University and journalism at the Columbia University Graduate School of Journalism in New York. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
Views: 38171 TEDx Talks
Import Export USA : Top 10 Exports Countries and Products In World 2017
 
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Import Export USA : Top 10 Exporting Countries and Products With Total Product Value. How to do internet Marketing for Get Export Order https://youtu.be/rfEJ0Fig_7A Where is Your Country in Export Market ? Which are the top Exported Products from Top Countries Like United States of America, United Kingdom, Italy, Germany, China, France, Netherlands, Japan, South Korea, Hong Kong. Which are the Top 10 Export Countries ? In This Video you will get answers for below questions . Which are the top 10 Exporting Countries ? Which Products are Exported Most ? Product Value of Exported Cost ? Highest Exports from Top Countries ? Questions : Exports of UK ? Which are the Top Products Exported From United Kingdom ? Import and Export of Uk ? Answer : United Kingdom Exported these products Cars, Refined Petroleum, Crude Petroleum, Pharmaceuticals, Gas Turbines, Diamonds, Aircraft Parts, Hard Liquor and Petroleum Gas, Vehicle Parts. Question : Exports of Italy ? Top Exported Products from Italy ? Details About Export Business in Italy ? Answer : Italy Exported These Products Refined Petroleum, Pharmaceuticals, Vehicle Parts, Cars, Gold, Valves, Leather Footwear and Furniture, Jewellery, Wine. Question : Details About Export Business in Netherlands ? Which are the top 10 Exported from Netherlands ? Product Values of Exported Goods from Netherlands ? Answer : Netherlands Exported These Products Machinary Including Computers, Electrical Machinary and Equipment, Mineral Fuels Including Oil, Pharmaceuticals, Optical, Technical and Medical Apparatus, Vehicles, Plastics and Plastic Articles, Organic Chemicals, Iron and Steel And Live Tress, Plants and Cut Flowers. Question : Current Status of Export Business in Hong kong ? Which are the top Products are Exported from Hong Kong ? Exports of Hong Kong ? Answer : Hong Kong Exported These Products Electrical Machinary and Equipment, Gems and Precious Metals, Machinary including Computers, Optical, Technical and Medical Apparatus, Plastics and Plastic Articles, Clocks, Watches Including Parts, Knit or Crochet Clothing Accessories, Cloting and Accessories, Toys and Games, Leather and Animal Gut Articles. Question : Exports of France ? Which are the top Products Exported From France ? Product Value of Exported Goods ? Answer : France Exported These Products Aircraft, Helicopters, Spacecraft, Pharmaceuticals, Cars, Vehicle Parts, Refined Petroleum, Gas Turbines, Wine, Aircraft Parts, Beauty Products and Integrated Circuits. Question : Exports of South Korea? Which are the top Products Exported From South Korea ? Export Business in South Korea ? Answer : South Korea Exported These Products Refined Petroleum, Integrated Circuits, Cars, Passenger and Cargo Ships, LCDS, Car Parts, Broadcasting Equipment, Broadcasting Accessories, Telephones, Cyclic Hydrocarbons. Question : Details About Import Export Business in Japan ? Which are the top 10 products exported from Japan ? Answer : Japan Exported These Products Cars, Vehicle Parts, INtegrated Circuits, Industrial Printers, Machinery Having Individual Functions, Large Construction Vehicles, Trucks, Refined Petroleum, Video Recording Equipment and Low Voltage Protection Equipment. Question : Export Business in Germany ? Which are the top Products Exported From Germany ? International Trade in Germany ? Answer : Germany Exported These Products Cars, Vehicle Parts, Pharmaceuticals, Aircraft, Helicopters, Spacecraft, Refined Petroleum, Petroleum Gas, Engine Parts, Machinary Having Individual Functions, Medical Instruments and Human or animal Blood. Question : Export Business of United States ? Which are the top products exported from United States ? Exports of United States ? Answer : United States Exported These Products Cars, Refined Petroleum, Planes, Helicopters, Spacecraft, Pharmaceuticals, Gold, Soybeans, Medical Instruments, Integrated Circuits and Computers. Question : Exports of China ? Which Products Exported From China ? Product Value of Products Which are Exported From China ? Answer : China Exported These Products Cars, Refined Petroleum, Planes, Helicopters, Spacecraft, Pharmaceuticals, Gas Turbines, Gold, Soybeans, Medical Instruments and Integrated Circuits and Computers. Why the Exports are so much important: There are some basic economic reasons which influence a company decision regarding export business. These are Bulk Sales, Increased Productivity, Social Responsibility, Technological Improvement, Obtaining Imported Inputs, Legal Restrictions, Relative Profitability, Insufficiency of Domestic Demand, Reducing Business Risks. Thank You Very Much to NoCopyrightSounds For Providing Such a Wonderful Music Track: CØDE - We're Invincible (feat. Joseph Feinstein) [NCS Release] Music provided by NoCopyrightSounds. Watch: https://youtu.be/Ajbnyaq91ao Free Download / Stream: http://ncs.io/CallMeAgainYO Thank you for Watching Video, Please Subscribe Your YouTube Channel IEU Import Export USA Ravi Tekwani
Views: 36345 Import Export USA
Import Export: how to start import export business (2018)
 
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Import Export In This Video We Learn How To Start An Import/Export Business.(2018) This is 8 steps to start your Import/Export Business No.1. Select Your Business Name and Set up a Website and Blog Without a website or blog, you can't have a networked import/export business. Get yourself a platform that allows you to develop a presence online and grow your business beyond your wildest imagination. No. 2. Pick a Product to Import or Export Market research is an essential step in the export process. With close to 200 countries in the world to export to, you want to make sure that you’re targeting the right ones. No. 3. Find the Right Market Wait! Before you shift into high gear, you must determine whether there really is a market for your product or service. No. 4. Source a Supplier Once you have a likely import or export product in mind, learn everything there is to know about it. If you were its creator, how would you improve it? Go to a manufacturer and suggest product improvements to turn a mediocre product into something slightly ahead of its time. Your suggestions might mean the difference between a Sony Walkman and an Apple iPod. No. 5. Price the Product The business model for an import/export business is based on two critical elements within the international sales operation. 1. Volume (number of units sold). 2. Commission on that volume. (The more you sell, the more you make.) No. 6. Find Customers you have done a good job with your blog or website, customers will find you. But don’t rely on it. You should also go hunting for customers! Check with local contacts, such as trade organizations, embassies and trade consulates. They generally have a good sense of who’s doing what in the international marketplace. They can offer contact lists specific to your industry (Most Important Two Tips In Video) Every single Video on my channel is made with Love and Hard work, So don't forget to leave a Like.. :) Watch my other useful Videos: Top 10 Exports Countries and Products : https://youtu.be/IRJtI60OsHk How to Get Export Order : Import Export Business : https://youtu.be/rfEJ0Fig_7A
Views: 32100 Import Export USA
A look at the export industry in Jamaica
 
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In season 5 of Financially Focused, we speak to Jeffery Hall of Jamaica Producers on the export industry in Jamaica. We also hear from experts who provide guidance on how to make the most of export opportunities.
Views: 2218 Financially Focused
Export Exchange Rates Template [Oracle PBCS Release - Apr 2017]
 
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Sign up for monthly Oracle PBCS Updates at: http://bit.ly/2goOoGg This video update is part of the monthly Oracle Planning and Budgeting Cloud Service (PBCS) Update Series from eCapital Advisors. On a monthly basis, experts at eCapital review Oracle release notes to provide a look at the latest features and changes users & administrators must know about. The April 2017 Oracle PBCS Update included: Follow Up To March 2017 Update What is PBCS? Don't Forget About EPBCS! Known Issue - Report Security New in April New EPM Automate Utility Version Single Sign-On With NetSuite Activity Reports Updates New SmartView for Office Version Project Revenue Recognition What-If Planning Additional Expense Categories Additional Projects Enhancements Export Exchange Rates Templates Exclude Dynamic Calc Members - Data Push Allow Drilling On Shared Members Changing Financial Reporting Server Values Displaying POV Prompt - Reports Data Management Integration - Budgetary Control and Encumbrance Accounting Application Design Best Practices Changing Maintenance Time to Accommodate Daylight Saving Time Standard Interface Reporting Studio - Desktop Client File Integration - Oracle Fusion Financials Cloud Q & A
Views: 89 eCapital Advisors
How To Find Import & Export Companies To Sell and Buy
 
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Add me on Facebook: https://www.facebook.com/dbhmatt?fref=ts How to find companies to trade to them? The first way is going through your network. There might be a lot of traders in your network. There is a great number of people who you can meet personally. Everyone probably knows someone who can do deals somewhere. Let’s say that you are trying to sell bier. The chance that you may know someone who is trading bier to Asia is very low. But, you might know a trader who is trading some drinks to many places (not specifically to Asia). There is a high chance that this trader has a network of other drink traders who trade to Asia or any other market you are looking for. Everyone in the industry knows each other. The bigger you are in the industry, the higher the chance is to know more people around the world. Trading is based on: • Knowledge about the industry • Network The basic assumption about how you can make money as a trader is to buy cheaper and sell more expensively. The bigger network you have, the higher the chance is to buy something cheaper and sell it on a higher price. Another way to find a good trader is to find another trader who is trading something else. There is a very big possibility that he could have people in his industry who might be interested in your products. The third approach that you can use is scraping the Internet. There are many websites to find potential traders. The quality of those leads is way lower. You are going to find more leads to sell to, but the quality will be worse. There are so many websites similar to Upwork, but specifically for traders. A good example of a trader website is Alibaba. People are posting many offers that they are looking for something. You apply for them and hope people to choose you. They are looking to deliver something to you and you approach them. Most of these websites require a membership fee. Instead of paying that fee, you can just look for their company name on the Internet. 1. Go to Google. 2. Search for websites where there is a list of people trading something. 3. Find 50 people who are offering the product that you are looking for or who are willing to buy that product. 4. Mass mail all of them. 5. Qualify them by asking them questions? The response rate in those websites from people who you are trying to sell to will be around 5%. The response rate from people who you are trying to buy from will be higher, around 25%. Then, you can go to China. Meet those people in person and make deals with them. First of all, you have to qualify them whether they are the right fit or not.
Views: 12549 Matt Laker
What You Need to Know Before Exporting to Canada
 
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Our neighbor to the north, Canada has many promising business opportunities for U.S. businesses looking to export. Thanks to the North American Free Trade Agreement, duties on most products exported to Canada are zero. Ecommerce is a great way to sell directly to Canadian consumers and retailers. A U.S. Commercial Service export agent can help you identify Canadian distributors or partners and get you on your way to doing business in Canada. Watch the Export Destinations video to get a better taste of what business opportunities lie in Canada. For more: https://www.export.gov/article?id=Canada-Market-Overview October 23, 2017
Bill of Lading - Explained in Hindi
 
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Bill of Lading, an important document in International Trade Finance & Shipping or Import Export business is explained in hindi. When you import some goods from a foreign country to India, Bill of Lading or B/L is the most important document to claim your goods. Related Videos: Letter of Credit - https://youtu.be/0UiLLhNhBiI Incoterms - https://youtu.be/GG2Ea4UvyrY Types of Bill of Lading - https://youtu.be/lfXgILdOHlE Bank Guarantee: https://youtu.be/GWtBvqYYXbI Buyer's Credit and LOU: https://youtu.be/ZNllCCuco8k Incoterms - https://youtu.be/GG2Ea4UvyrY In next video, we will learn about types of bill of lading. बिल ऑफ लैडिंग, इंटरनेशनल ट्रेड फाइनेन्स और शिपिंग या इम्पोर्ट एक्सपोर्ट बिज़नेस में एक महत्वपूर्ण दस्तावेज है। जब आप किसी दूसरे देश से भारत में कुछ सामान आयात करते हैं, तो बिल ऑफ लडिंग या बी/एल आपके सामान को क्लेम करने का सबसे महत्वपूर्ण दस्तावेज होता है। अगले वीडियो में, हम बिल ऑफ लैडिंग के प्रकारों के बारे में जानेंगे। Share this Video: https://youtu.be/xZd76YxHDrg Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: What is a bill of lading or LB? What is the meaning of the bill of lading? What is the importance of the bill of lading? What all information a bill of lading contains? What the method for tracking bill of lading? How to track bill of lading? How the concept of the bill of lading works? What are the types of bill of lading? Why bill of lading is required for import and export? How bill of lading is used for International Trade Finance and shipping or import and export? Why bill of lading is the most important document to claim goods while importing good from any other country? How good are claimed with the bill of lading in import and export business? Is bill of lading and letter of credit same? How to import good from other countries? How a sample of the bill of lading looks like? What are the features of bill of lading? What is the place of receipt on carrier? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Instagram - http://instagram.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Twitter - http://twitter.com/assetyogi Google Plus – https://plus.google.com/+assetyogi-ay Facebook – https://www.facebook.com/assetyogi Pinterest - http://pinterest.com/assetyogi/ Hope you liked this video in Hindi on “Bill of Lading”.
Views: 46555 Asset Yogi
MCQ Revision Question: Floating Exchange Rates
 
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This question tests understanding of the likely effect on the external value of a currency inside a floating exchange rate when a nation experience low relative inflation. - - - - - - - - - MORE ABOUT TUTOR2U ECONOMICS: Visit tutor2u Economics for thousands of free study notes, videos, quizzes and more: https://www.tutor2u.net/economics A Level Economics Revision Flashcards: https://www.tutor2u.net/economics/store/selections/alevel-economics-revision-flashcards A Level Economics Example Top Grade Essays: https://www.tutor2u.net/economics/store/selections/exemplar-essays-for-a-level-economics
Views: 1483 tutor2u
Foreign exchange rates,  Made with Explain Everything
 
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Foreign exchange rates and effects on import and export prices, by John Bouman for www.inflateyourmind.com, Unit 10.
Views: 342 John Bouman
Too Strong a Pound - The millstone round the UK's neck by John Mills
 
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Join the conversation on Facebook: https://www.facebook.com/labourfuture/videos/262008330904428/ John Mills is an economist, industrialist, and founder and Chairman of the consumer goods brand JML, the global import-export business which operates out of 80 countries. John recently established The Pound Campaign to highlight the historically high value of the British pound and the damaging effect it has had on the manufacturing industry and the wider economy. Now that the UK has voted to leave the EU, and the value of the pound has fallen, this is our chance to increase competitiveness, boost UK exports, increase our productivity and stimulate economic growth. This film is about why an overvalued pound has caused deindustrialisation, trade deficits, over-borrowing, under-investment, low and unstable economic growth, stagnant wages and too many people missing out on the benefits of globalisation. John has recently written a pamphlet entitled ‘The Exchange Rate’ which details why the government needs to have an economic policy which takes account of both the country’s competitiveness as well as the need for a reasonable balance between manufacturing and every other sector of the UK economy. More information about The Pound Campaign: http://www.poundcampaign.org.uk More information about The Exchange Rate pamphlet: http://www.labourfuture.org.uk/the_ex... More information about John: http://www.john-mills.info
Views: 55815 Labour Tube
Educating Your Self about Import Export
 
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http://fiverr.com/beyslist1 In This Episode of The Trade Brokers Diaries, Host Muhammad Bey answers requests for information on how to find information on self employment and import export. visit CIMreport.com for more self employment Ideas. sponsored by Beyslist.com at http://www.beyslist.com My Websites and Links CIMReport.com News for the Busy Entrepreneur from around the World. http://www.cimreport.com CIMDepot.com Products and services for the Busy Entrepreneur. http://www.cimdepot.com CIMReview.com Money Making Ideas http://www.cimreview.com Beyslist.com Your Classified Ads to 200 Countries at the same time! http://www.Beyslist.com Nafassi.com Classified Ads for All African Countries http://www.nafassi.com NafassiNews.com News of Africa Every Day! http://www.NafassiNews.com Nafassi Equity CROWD FUNDING FOR ALL AFRICAN COUNTRIES http://www.NafassiEquity.com Follow Us on Twitter https://twitter.com/MuhammadBey Digital Rice Bowl Technology News From Around the World http://www.Digitalricebowl.com The Trade Brokers Diaries News Blog News from the World of International Trade http://www.Tradebrokersdiaries.com KeitaiGuy.com Cellphones and Tablets and Low Prices http://www.KeitaiGuy.com
Views: 80231 Muhammad Bey
Export 101 - Trade and Investment Queensland
 
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Learn the basics about how to prepare for exporting your products and services to markets overseas.
U.S. Import/Export Compliance Regulations
 
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Here is a seminar that was sponsored by WorldTrans Services, Inc. and hosted by the San Diego World Trade Center on April 5, 2012. The speaker is Judi Taylor- founder and President of Trade Compliance Group (TCG)- San Diego. She has over 10 years of experience as an International Trade Compliance Consultant. Import/Export Compliance is regulated by a broad spectrum of U.S. Government Agencies. These regulations can sometimes be overwhelming when trying to expand into the International marketplace. WorldTrans sponsored this event to help keep your business informed, and to be connected with the right resources! This seminar addressed the following issues: • Who needs to comply with U.S. Import/Export Regulations? • What are the main causes of an Export violation, and what can you expect from the ITAR revisions currently in place under the Export Reform effort? • Where should Import/Export Compliance be implemented? • When does an Import/Export happen? • How can you manage your compliance? • How can you make the Export Regulations work for you instead of against you? • Why is it important to maintain an Import/Export compliance program? Contact [email protected] to find out more about these events!
Views: 22336 WorldTransinc
"Starting a Business: Importing to the USA"
 
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Zintro Webinar Presented by Kenneth D. Weiss, President at Plans and Solutions Inc. Presenters Note: "Key points to consider when starting a business to import products to the USA. Includes evaluating your idea, deciding whether this kind of business is right for you, setting up the business, selecting products and suppliers, finding and contacting buyers, U.S. import regulations, international shipping, international payment, sales promotion, and sources of additional information" About Kenneth D. Weiss Kenneth D. Weiss is an international trade consultant with immense experience. He has imported, exported, taught the subject, consulting in it, and written four books including the best seller, Building an Import Export Business, now in its 4th edition from John Wiley & Sons. He has an MBA from Stanford, speaks three languages, has lived in five countries, and has helped numerous individuals and small companies to follow their dreams of importing and marketing products in the USA.
Views: 22345 Zintro, Inc.
exchange rate basics 8
 
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Views: 1199 Mike Moore
Staying on top of fluctuating currency rates and getting the most from the weakened
 
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Brexit has been described as one of the most significant events in British history. The ramifications of the vote and the subsequent deal Britain gets will ripple through generations. It is likely to affect almost every aspect of life in some way or another, not just for the UK, but its relationship with Europe and the world. We ran a webinar with Currency UK on how to plan ahead to stay on top of fluctuating currency rates - something that has become especially prominent since Brexit. Rob Affleck from Currency UK is joined by Kevin Shakespeare from the Institute of Export & International Trade to cover what procedures and support are available for businesses looking to safeguard themselves against further fluctuations. Open to Export webinars are powered by the Institute of Export & International Trade – the UK’s only professional body representing international trade. Catch up with all of our webinars at opentoexport.com/webinars
Views: 79 Open to Export
A Surprising Economic History of the World: Why Countries Remain Rich or Poor
 
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Following the financial crisis of 2008 widespread concern arose among advanced economies concerning the size of their deficits; they increasingly joined emerging economies in viewing export-led growth as their ideal strategy. In March 2009, even before international cooperation reached its peak with the 2009 G-20 London Summit Economist Ted Truman became one of the first to warn of the dangers of competitive devaluation breaking out. He also coined the phrase competitive non-appreciation. On 27 September 2010, Brazilian Finance Minister Guido Mantega said that the world is "in the midst of an international currency war." Numerous financial journalists agreed with Mantega's view, referring to recent interventions by various countries seeking to devalue their exchange rate including China, Japan, Colombia, Israel and Switzerland. Other analysts asserted that fears of a currency war were exaggerated.[11] In September, senior policy makers such as International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn and US Treasury Secretary Tim Geithner were reported as saying the chances of a genuine currency war breaking out were low; however by early October, Strauss-Kahn was warning that the risk of a currency war was real. He also suggested the IMF could help resolve the trade imbalances which could be the underlying casus belli for conflicts over currency valuations. Mr Strauss-Kahn said that using currencies as weapons "is not a solution [and] it can even lead to a very bad situation. There’s no domestic solution to a global problem." Daniel Tenengauzer, the head of emerging-market currency and rates strategy at Merrill Lynch, suggested talk of a currency war can be seen as "political posturing", noting that emerging economies had been intervening on a wider scale back in 2009. George Soros expressed concern saying "I share the growing concern about the misalignment of currencies. Brazil’s finance minister speaks of a latent currency war, and he is not far off the mark. It is in the currency markets where different economic policies and different economic and political systems interact and clash." Considerable attention had been focused on China. For much of 2009 and 2010, China has been under pressure from the US to allow the yuan to appreciate. Between June and October 2010, China allowed a 2% appreciation of the yuan, but there are concerns from Western observers that China only relaxes her intervention when under heavy pressure. The fixed peg was not abandoned until just before the June G20 meeting, after which the yuan appreciated by about 1%, only to slowly devalue again until further US pressure in September when the yuan again began relatively steep appreciation, with the imminent September US Congressional hearings to discuss measures to force a revaluation.[17] Leading financial journalist Martin Wolf has suggested there may be advantages in western economies taking a more confrontational approach against China, which in recent years has been by far the biggest practitioner of competitive devaluation. Though he suggests that rather than using protectionist measures that may spark a trade war, a better tactic would be to use targeted capital controls against China to prevent them buying foreign assets in order to further devalue the yuan, as previously suggested by Centre for European Policy Studies director Daniel Gros.
Views: 3525 The Film Archives
How to Import from India & do Trade in India
 
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Discover how to import from India, and how you can do trade in India. Get our free 10k/month ebook: http://wholesaleted.com/4-step Get SaleHoo: http://wholesaleted.com/get/salehoo Please note - this video description contains affiliate links. When people think about importing goods from overseas, they usually jump to China, and they don’t consider other countries like India. But this is a big mistake! The India export market is huge, and they are one of the biggest biggest exporters in the world. You can import items very cheaply, which is why I very strongly recommend considering Indian exports and not getting “stuck” on just importing from China. Tip #1 to help you import from India: Know the markets that India are world leaders in. There are several industries where India are world leaders in manufacturing and exporting. If you’re selling items in these industries and looking to import, consider doing trade in India. Here are the industries that India are world leaders in: * Generic pharmaceutical drugs, * Cotton textiles, * Cereal * Local spices, * Cosmetics, * Paper products, * Toiletries and * Leather shoes & clothes. (I think that there is a big opportunity for importing generic pharmaceutical drugs, relabelling them yourself and selling them via Amazon’s FBA program… just saying!) Tip #2 to help you import from India: Do due diligence on your suppliers. The same goes for importing products from China: Do due diligence on your importers. Pick up the phone, give them a call. Look up their address in Google Maps and ensure a factory is located there. If you’re using SaleHoo to find Indian suppliers, then they will have done due diligence for you. If you’re Alibaba India, look for gold suppliers who have an 80%+ response rate. And if you’re using suppliers from Trade India, look for suppliers that have Trust Badges, Premium Seller emblems and that have been on the site for at least one year. Tip #3 to help you import from India: Start with the minimum order quantity and get a sample product first. It doesn’t matter whether you’re importing from China or India, you should be getting a sample product shipped to you first to test the quality. If you like the sample product, then start out with a supplier’s minimum order quantity. If that goes well, then increase the order size. Starting out with the minimum order quantity protects yourself against bad manufacturers. Tip #4 to help you import from India: Negotiate prices and do research on shipping options. In India, everything is negotiable. Be prepared to negotiate the initial price down. Shopping around and getting quotes from other suppliers will help you when negotiating. Do the same thing for shipping: Get your own quotes so that you can be in a strong position in negotiating when doing trade in India. Tip #5 to help you import from India: Don’t rely on deadlines or time frames. When doing trade in India, business can be surprisingly lax and carefree. In India, family takes precedent over business. If a family issue came up, it would not be unusual for a business meeting to be cancelled. But there is a funny cultural quirk: While they can be lax and show up late, as a Westerner, you are expected to show up on time. It may not seem “fair” but it is best to not question it. Because business can be lax, it means that you shouldn’t rely on deadlines and time frames. This may put some people off Indian exports, but there are many upsides to working with Indian suppliers. Their exports are cheap, great quality and they are very loyal business partners. Consider the pro’s and con’s. Tip #6 to help you import from India: They don’t like to say “no.” Just like when importing from China, when you’re importing from India, they don’t like saying “no” when doing business. If an Indian supplier says “possibly” or “we’ll see” or “I’ll try” then you should push for clarification. If you push for a yes or a no, they will give it to you. Try as best as you can to do this in a non-confrontational way, when doing trade in India it is frowned upon to be confrontational.
Views: 35286 Wholesale Ted
International Trade and Economic Development Unit:  Export Promotion
 
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Hey Everyone, This is video 5 of 9 videos in “The International Trade and Economic Development Series”. Watch the entire series right here: https://www.youtube.com/playlist?list=PLNI2Up0JUWkHU2hlv6nWtW6hJif4bFskA The List! Here is the “The List” for “The International Trade and Economic Development Series” For an explanation of the logic of “The Lists” click here: https://youtu.be/dE0fbsgXlFE International barriers to development 1. Over-specialization on a narrow range of products 2. Price volatility of primary products 3. Inability to access international markets Trade strategies for economic growth and economic development 1. Import substitution industrialization (ISI) 2. Export promotion (export-led growth or outward oriented growth strategy) 3. Trade liberalization 4. Bilateral and regional preferential trade agreements 5. Diversification (in exports) Development strategies 1. Fairtrade organizations a. Fairtrade Labeling Organization International (FLO) I hope you find these videos helpful to your study of Economics. Enjoy! Brad Cartwright
Methods of Payment in International Trade (HINDI/URDU) - Import/Export International Payment Methods
 
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Methods of Payment in International Trade: In this video, we discussed methods of payment in international trade (Hindi/Urdu) -international payment methods(import-export), mode of payments in Import Export. Subscribe to our channel for more videos. http://www.pakistancustoms.net/2018/01/Methods-of-Payment-in-International-Trade-HINDI-URDU-International-Payment-Methods.html Mode of payments in Exports and Imports: The Major ways of making payment for export of goods are: 1. Advance payment Which is the best method of payment in an export trade? What type of terms of payment can I adopt an Export business? Under any kind of sales, obviously, advance payment is the best option for payment. Ok, now the terms of payments are concerned, you are very happy if you get payment in advance. Right? Yes, the 100% safe business in any business, especially in export business, is nothing but receiving the advance payment. However, in this present competitive world, you do not expect advance payment from the buyer in all cases unless your product attracts some specific reasons to pay you to advance payment by your buyer. 2. Letter of credit.( L.C.) Letter of credit is an assurance given by the buyer’s bank to remit the amount to the seller through seller’s bank on maturity, as per the terms and conditions of the document based on the contractual agreement between buyer and seller. Now in simple words, If LC opened on your name, you will receive amount through the buyer’s bank on the agreed time. There are various types of letters of credits like Revocable, Irrevocable, Confirmed, Unconfirmed, Clean & Documentary, Fixed, Revolving, Transferable, Back to Back etc. Most common and safe LC is Irrevocable Letter of Credit. I will explain in details about all types of LC in other videos. 3. DP basis - Documents against Payments: What is DP term of payment? How does DP term of payment work? DP OR DAP term of payment is one of the terms of payment in international trade. D.A.P or D/P terms of payment means, Documents Against Payment. Once cargo shipped out from supplier’s premises, after completing necessary export legal formalities of exporting country, he hands over goods to the carrier who transport to the final destination of a buyer. After delivery of goods, the exporter is issued Bill of Lading (undersea shipment) or Airway Bill (under air shipment) by Carrier or his agent. Exporter submits all required documents along with Bill of Lading /Airway bill, invoice, packing list, bill of exchange with the bank to send to the buyer through buyer’s bank. The seller’s bank, once after verification sends these shipping documents to the buyer through buyer’s bank. After receipt of such shipping documents by buyer’s bank notifies buyer on receipt of documents and advise to ‘accept’ the documents by effecting payment of export proceeds. Under a DP terms of payment (DAP terms of payment), the buyer collects original shipping documents from his bank after making necessary payment against the sale of goods. 4. D.A terms means Documents against Acceptance Payment terms ‘DA’ means Documents against Acceptance. As per D.A terms, once the shipping documents along with bills of exchange received by the buyer’s bank, the buyer is informed to accept documents from buyer’s bank. The buyer accepts documents by signing bills of exchange sent by the exporter, agreeing to pay the value of goods shipped as per agreed period of time. (say, 30 days from the date of bill of lading, 60 days from the date of bill of lading or 90 days from the date of bill of lading). Importer receives original shipping documents by ‘accepting’ bill of exchange. He completes import customs clearance procedures with the said original shipping documents and approach carrier to deliver cargo to him after completion of such import customs clearance. The payment against the sale of goods is effected upon the maturity day mentioned in the bill of exchange. Documents against Acceptance - Is it safe for the seller? In payment terms, is DA safe for an Exporter? Does importer make payment on maturity of the contracted period? How reliable DA terms in exports? As per my opinion, the legal strength on D.A terms is very weak in international legal terms. Ok, if you have a strong business relationship with your buyer, you can ship goods on ‘credit’ basis. A proper study of the buyer’s creditworthiness is a dare need while shipping under D.A.terms. Related Searches: Methods Of Payment In International Trade Export Payment Terms Terms Of Payment In International Trade Export Payment Methods Payment Methods In Export Import Trade Modes Of Payment In International Trade
China's Currency Manipulation is Harming America. Fair Trade Would Restore US Jobs and Prosperity
 
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From http://VideoThink.net : US-China trade should be mutually beneficial. Unfortunately, China has undervalued its currency against the US dollar, to gain an unfair advantage in world trade. It's non-tariff barriers limit imports from the USA. And it has obstructed investment by foreign companies in China. Since entering the World Trade Organization in 2001, China has abused free trade with a mercantilist trade strategy that has severely damaged the economies of the USA, Europe, and nations around the world. Yet under both President Obama and President Bush, the United States Treasury Department has consistently refused to name China as a currency manipulator. This has prevented Congress from imposing import duties on Chinese goods. The result has been enormous trade deficits for the USA, huge job losses and chronic unemployment, a reduction in USA government tax revenues, and higher social safety net payments. This has worsened the stubborn US budget deficits and the ballooning national debt. Meanwhile, the Chinese economy has grown rapidly, year after year. In manipulating the renminbi / yuan, China has amassed staggering foreign currency reserves and a massive hoard of US Treasury bonds. It may be trying to hide these in Belgium's EuroClear bank, to disguise its currency manipulation. US Corporations have contributed to this problem by relocating their manufacturing facilities to China, to exploit China's cheap labor. This has enriched US corporations with soaring profits, while impoverishing many Americans who are unemployed or under-employed. China is now using its export wealth to acquire strategic natural resource and high tech industries in the USA, Europe, and worldwide. The long-term consequences of China's currency war for the USA could be very serious, and all Americans should be very concerned. Clarification: By 2013, China's money supply was 9 times as large as it was in 2000. That translates to 800% growth. In comparison, the US money supply only doubled. Remember to click the Like button. Thanks! Link to this video: youtube.com/watch?v=ENnhwgfFZzE Related links: Cumulative trade deficit with China -- Ron Rimkus http://blogs.cfainstitute.org/investor/2012/09/14/why-the-current-account-deficit-helps-explain-the-economics-of-qe3-2/ China Economic and Security Review Commission 2014 Report http://origin.www.uscc.gov/Annual_Reports/2014-annual-report-congress Stop Currency Manipulation and Create Millions of Jobs http://www.epi.org/publication/stop-currency-manipulation-and-create-millions-of-jobs/ History Shows That Sanctions Are Needed http://www.epi.org/publication/pm164/ Treasury report on currency manipulation http://www.treasury.gov/resource-center/international/exchange-rate-policies/Documents/2014-10-15 FXR.pdf Various Employment charts http://www.bls.gov/web/empsit/cps_charts.pdf Foreign currency reserves: http://data.worldbank.org/indicator/FI.RES.TOTL.CD?order=wbapi_data_value_2013+wbapi_data_value+wbapi_data_value-last&sort=desc Unemployment Charts: http://www.shadowstats.com/alternate_data/unemployment-charts National Employment Law Project http://www.nelp.org/page/-/Reports/NetChange.png?nocdn=1 BLS Glossary http://www.bls.gov/bls/glossary.htm List of USA companies employing people in China http://www.cnn.com/CNN/Programs/lou.dobbs.tonight/popups/exporting.america/frameset.exclude.html WTO Charts http://www.wto.org/english/res_e/statis_e/its2014_e/its14_highlights1_e.pdf How Much U.S. Debt Does China Hold? The U.S. Isn’t Sure http://blogs.wsj.com/economics/2014/08/15/us-treasury-unsure-exactly-how-much-us-debt-china-holds/ Major Foreign Holders Of Treasury Securities http://www.treasury.gov/ticdata/Publish/mfh.txt and http://www.treasury.gov/resource-center/data-chart-center/tic/Pages/index.aspx Euroclear article http://www.washingtontimes.com/news/2014/jun/29/baffled-by-belgium-burst-of-us-bond-buying-raised-/?page=all Is Euroclear holding US bonds on behalf of China? http://asia.nikkei.com/print/article/27820 Peterson China Foreign Reserves http://blogs.piie.com/china/?p=79 M2 Money Supply http://www.investopedia.com/terms/m/m2.asp New York Times: China's money supply Growth http://www.nytimes.com/2014/01/16/business/international/china-dwarfs-us-in-monetary-stimulus.html?_r=0 Federal Reserve Economic Data Charts (FRED) http://research.stlouisfed.org/fred2/graph/ Currency manipulation and the Trans Pacific Partnership http://www.foreignaffairs.com/articles/142784/c-fred-bergsten/the-truth-about-currency-manipulation It Is Time To Stand Up To China http://www.forbes.com/sites/mikecollins/2015/01/28/it-is-time-to-stand-up-to-china/ Treasury Fails To Name China as a Currency Manipulator for the 12th Time http://www.epi.org/blog/jack-lew-sees-evil-treasury-fails-china/ Video by Harvard-educated economist Peter Navarro: Death by China http://deathbychina.com/
Views: 28932 VideoThink.net
Export Import USA- Depreciation of Rand against US dollar effect on export and import of Africa 2017
 
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Online Export Import Business in USA- How Depreciation of Rand against US dollar effect on forex as well as export and import of Africa is discussed here. by using us dollars currency converter and rate of african Rand you can calculate the perfect time and increase your business in term of forex earned by you and helping your country earn foreign currency.
Views: 374 Dhaval Malvania
New data on exchange rates and central bank policy rates
 
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Explaining new BIS data sets released in September 2017
What is FREE-TRADE ZONE? What does FREE-TRADE ZONE mean? FREE-TRADE ZONE meaning & explanation
 
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What is FREE-TRADE ZONE? What does FREE-TRADE ZONE mean? FREE-TRADE ZONE meaning - FREE-TRADE ZONE definition - FREE-TRADE ZONE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A free-trade zone (FTZ) is a specific class of special economic zone. They are a geographic area where goods may be landed, handled, manufactured or reconfigured, and reexported without the intervention of the customs authorities. Only when the goods are moved to consumers within the country in which the zone is located do they become subject to the prevailing customs duties. Free-trade zones are organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade. It is a region where a group of countries has agreed to reduce or eliminate trade barriers. Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products. Free-trade zones are referred to as "foreign-trade zones" in the United States (Foreign Trade Zones Act of 1934). In the United States, FTZs provide Customs-related advantages as well as exemptions from state and local inventory taxes. In other countries, they are called "special economic zones" or "free zones" and were previously called "free ports" or "export processing zones". Free zones range from specific-purpose manufacturing facilities to areas where legal systems and economic regulation vary from the normal provisions of the country concerned. Free zones may reduce taxes, Customs duties, and regulatory requirements for registration of business. Zones around the world often provide special exemptions from normal immigration procedures and foreign investment restrictions as well as other features. Free zones are intended to foster economic activity and employment that could occur elsewhere. Farole, Akinci, ed., "Special Economic Zones: Progress, Challenges and Future Directions, World Bank, 2011. The world's first free-trade zone was established in Shannon, Ireland (Shannon Free Zone). This was an attempt by the Irish Government to promote employment within a rural area, make use of a small regional airport and generate revenue for the Irish economy. It was hugely successful, and is still in operation today. The number of worldwide free-trade zones proliferated in the late 20th century. In the United States free-trade zones were first authorized in 1934. Corporations setting up in a zone may be given tax breaks as an incentive. Usually, these zones are set up in underdeveloped parts of the host country; the rationale is that the zones will attract employers and thus reduce poverty and unemployment, and stimulate the area's economy. These zones are often used by multinational corporations to set up factories to produce goods (such as clothing or shoes). Free-trade zones in Latin America date back to the early decades of the 20th century. The first free-trade regulations in this region were enacted in Argentina and Uruguay in the 1920s. The Latin American Free Trade Association (LAFTA) was created in the 1960 Treaty of Montevideo by Argentina, Brazil, Chile, Mexico, Paraguay, Peru, and Uruguay. However, the rapid development of free-trade zones across the region dates from the late 1960s and the early 1970s. Latin American Integration Association is a Latin American trade integration association, based in Montevideo. Free-trade uones are also known as special economic zones in some countries. Special economic zones (SEZs) have been established in many countries as testing grounds for the implementation of liberal market economy principles. SEZs are viewed as instruments to enhance the acceptability and the credibility of the transformation policies and to attract domestic and foreign investment. In 1999, there were 43 million people working in about 3000 FTZs spanning 116 countries producing clothes, shoes, sneakers, electronics, and toys. The basic objectives of EPZs are to enhance foreign exchange earnings, develop export-oriented industries and to generate employment opportunities.
Views: 9312 The Audiopedia
WeSwap - Spend Abroad For Stress Free Travel
 
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Our global travel card and app work in almost any country, anywhere, wherever the Mastercard® acceptance mark is displayed. No fake exchange rates, hidden fees or shocks when you get home. The WeSwap app lets you easily and securely manage your multi-currency card on the go. Check out these great features: • Top-up money instantly • Swap to the currency you need • Check your current balance • Monitor your recent transactions • Check out the live interbank rates for any currency pair. • Block/unblock your card in-app. • Travelling for business? Tag transactions as expenses • Export transactions to CSV for easy expense management • Invite friends and earn rewards for spreading the swapping revolution. When you invite 5 friends you can exchange money for free, for life! • Money left after your trip? Swap to another currency anytime, or swap back and use it at home. Swappable currencies: As well as being able to spend abroad worldwide, you can also store and swap into these currencies using your app or dashboard. 🇬🇧GBP - Pound Sterling 🇪🇺EUR - Euro 🇩🇰DKK - Danish Krone 🇳🇴NOK - Norwegian Krona 🇸🇪SEK - Swedish Krona 🇺🇸USD - United States Dollar 🇨🇭CHF - Swiss Franc 🇦🇺AUD - Australian Dollar 🇨🇦CAD - Canadian Dollar 🇭🇺HUF - Hungarian Forint 🇭🇰HKD - Hong Kong Dollar 🇯🇵JPY - Japanese Yen 🇳🇿NZD - New Zealand Dollar 🇵🇱PLN - Polish Zloty 🇸🇬SGD - Singapore Dollar 🇿🇦ZAR - South African Rand 🇹🇷TRY - Turkish Lira 🇮🇱ILS - Israeli Shekel WeSwap is the people’s currency exchange. Download the app and join today. https://www.weswap.com/
Views: 22534 WeSwap.com

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