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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: 45121 Tradelinks Resources
Methods of payment in Foreign Trade
 
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Methods of payment in Foreign Trade
Views: 4356 kali modak
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: 935772 CrashCourse
Methods of Payment | Exporting Basics Episode 14
 
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This video discusses the many payment options when it comes to financing export transactions. Watch the video brought to you by Export.Gov to learn how to pick the best payment options after selling your US products overseas. For more: https://www.export.gov/article?id=How-to-Get-Paid January 11, 2017
Balance of payments: Current account | Foreign exchange and trade | Macroeconomics | Khan Academy
 
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Understanding the United States Current Account in 2011 Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/forex-trade-topic/current-capital-account/v/balance-of-payments-capital-account?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/income-and-expenditure-topic/is-lm-model-tutorial/v/government-spending-and-the-is-lm-model?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 348118 Khan Academy
How Documents Against Payment works  in International Trade
 
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This video explains the workflow of a Documentary Collection Method – Documents Against Payment involving the Importer (Drawee), Collecting/Presenting Bank, Remitting Bank and Exporter (Principal) in diagrams and animation. 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 -- ► 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 at Tradelinks Resources Sdn. Bhd 2. Ms Sook Ling, Online Content Creator at Tradelinks Resources Sdn Bhd Tradelinks Resources conducts public training programs for the following courses in Malaysia 1. Incoterms 2010 2. Letters of Credit 3. Bills of Lading - Correct Preparation To Avoid Rejection by Banks
Views: 14134 Tradelinks Resources
DGFT PAYMENT ERROR FAILURE
 
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When i click on Debit card or internet option, button is not enabled and the card details have not been displayed. Technical error. Could not able to make payment for past one week.
Views: 506 Harivignesh Babu
Methods of payment in international trade | Four Popular Payment Methods | Skillmade
 
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4 Methods of Payment used in International Trade are Open Account, Advance Payment, Documentary Collection & Documentary Credit For importer & exporter, both party have to understand what the methods of payment in International Trade are. The video talks about when the goods are available to the Importer & exporter, the timing of the payment & the risks to the Importer under the different method of payment. The course is suitable for all those involved in importing and exporting. It is also appropriate for corporate service providers such as banks, forwarders, accountants and international trade advisers. Subscribe to my Channel - Skillmade Want to find Skillmind elsewhere on the internet? Facebook - https://www.facebook.com/Skillmade-217319362188136 Or Facebook - https://www.facebook.com/sirajul.emon Twitter - https://twitter.com/skillmade21 Kids: https://www.youtube.com/channel/UC4z8FIUbQlDkgp0uZVZ93gg This video was produced by Sirajul Hoque Emon Master Trainer Gmail: [email protected]
Views: 193 Skillmade
How to Finance your Export Business' Working Capital
 
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There is working capital cost involved in the process of making the export products and the exporter may not have enough money to cover all the costs. Not to worry. We explain here how the government of India and banks can help cover some costs. This video is developed by the Office of the Additional Director General of Foreign Trade, Bengaluru as part of an initiative under the Niryat Bandhu Scheme of Government of India. Disclaimer :: This video is for information and educational purposes only . For detailed procedure you should refer to the Foreign Trade policy and the Handbook of Procedures available on http://www.dgft.gov.in
Understanding International trade | International Trade - Benefits & Risks | Skillmade
 
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International trade is the exchange of capital, goods, and services across international borders or region. International trade refers the trade between the residents of two different countries. It includes both export and import. ** Benefits of International Trade 1. Improves the domestic competitiveness 2. Reduce dependence on existing markets 3. Takes advantage of international trade technology 4. Consumption at cheaper cost 5. Greater variety of goods available for consumption 6. Gains a global market share 7. Increase sales and profits 8. Improve potential for expansion of business 9. Encourages the efficiency in production 10. More employment **The Major Differences Between Domestic Trade And International Trade Basis for Comparison Domestic Trade International Trade Area of Operation Within the country Whole world Deals in Single currency Multiple currencies Movement Of Goods Easier to move. May be need to pay sales tax etc. Restricted due to complicated custom procedures and trade barriers like tariff, restriction. Language And Cultural Barriers Speak same language and practice same culture Communication challenges due to language and cultural barriers Mobility of factors of production Free Restricted Capital investment Less Huge Quality standards Quite low High ** Risk of International Trade 1. Information Risk 2. Communication Risk 3. Exchange Risk 4. Political Risk 5. Credit Risk 6. Quality Risk Want to find Skillmind elsewhere on the internet? Facebook - https://www.facebook.com/Skillmade-217319362188136 Or Facebook - https://www.facebook.com/sirajul.emon Twitter - https://twitter.com/skillmade21 Caption Author: Sirajul Hoque Emon Gmail: [email protected]
Views: 318 Skillmade
Gains from Free Trade
 
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Gains from Free Trade - A detailed look at the benefits arising from free trade Comparative Advantage Video - https://www.youtube.com/watch?v=YboSszwySzU
Views: 45074 EconplusDal
Macro 5.1- Balance of Payments
 
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In this video I explain the Balance of Payments with the current and capital (financial) account. Keep in mind that when a country has a deficit in one account they must have a surplus in the other account. Thanks for watching. Please subscribe. To learn about misconceptions about the minimum wage, click here https://www.youtube.com/watch?v=4GIdROzO94M To learn more economics, click here https://www.youtube.com/watch?v=HQkVO2PsxFw Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Check out my Review Apps for Macro and Micro https://itunes.apple.com/us/app/ap-macroeconomics-review/id634270093?mt=8 Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership
Views: 349570 Jacob Clifford
Export Procedure under GST
 
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Please watch: "Features and Registration on Eway Portal - Part 1 " https://www.youtube.com/watch?v=JZsR1NXWTvw --~-- Contents Introduction: 1 Method of Export under GST 1 Purpose of Bond or LUT: 1 Who can issue: 2 Steps for Export: 2 Documents required for Bond / LUT 3 Export Procedure under GST Introduction: We will understand following: 1. Method of Export under GST 2. Detail of Export Procedures under Bond/LUT 3. Step by Step approach for Export 4. Documents required Method of Export under GST There are two method of export has been defined under GST. A. Export on payment of IGST B. Export on Non Payment of IGST Export under Non – Payment of IGST can be done as follows i. Export against Letter of Undertaking (LUT) ii. Export against Bond with Bank Gurantee Purpose of Bond or LUT: The purpose of Bond or L U T is to bind Exporters to pay tax along with interest under GST. In the case of Export of Goods, Exporters bind himself to pay tax along with interest with in days 15 after the expiry of 3 months from the date of issue of the invoice for export, if the goods are not exported out of India. In the case of Export of Services, Exporters bind himself to pay tax along with interest with in 15 days after the expiry of 1 year, or any extended period, from the date of issue of the invoice for export, if the payment of such services is not received by the exporter in convertible foreign exchange. Who can issue: D.1. Following person can export against L U T 1. Status Holder in Paragraph 5 of the Foreign Trade Policy 2015-2020. 2. Registered Person received foreign inwards Remittances - Amounting minimum of 10% of Export Turnover which should not be less than 1 cr in preceding financial Year. 3. Registered person not prosecuted for any offence under CGST act / any existing law where tax evaded not exceed 2.5 cr D.2. Any registered person who cannot export against L U T, can export against BOND. Steps for Export: Step – 1 - Preparation of Bond / L U T. Preparation of Bond or L U T by exporter in the prescribed format. Step – 2 - Prepare GST RFD – 11 Filling of GST R F D - 11 along with all relevant details before initiating Export transaction. Step – 3 - Furnishing GST R F D - 11 Furnishing RFD - 11 along with bond or L U T to J C/ A C/ D C. Step – 4- Doing Export Transaction Doing Export Transaction and Creating Export Invoices with endorsement Step – 5 – Furnishing Monthly Return Furnishing monthly Return with in due dates and claim refund of available ITC.
FOREIGN TRADE POLICY(FTP)  MAY 2018 BY CA RAJ KUMAR || FINAL ||
 
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SUBSCRIBE CHANNEL FTP PART 2: https://youtu.be/ivQV_GpI0CQ DOWNLOAD LINK FOR FTP NOTES: https://drive.google.com/file/d/1mIv9LOcEMQ0968SEziDFF0YxuYyF1q-J/view?usp=sharing
Views: 19504 FINANCE GYAN
Financing Your Exports and Getting Paid
 
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In this webinar, you will learn the basics of trade finance and what you need to know about getting paid for exports. You will learn about the range of payment methods used in export transactions and how to evaluate which is best for your business. You will also learn about letters of credit and U.S. government programs for financing exports including a program that enables buyers to purchase your product or service. For more information, visit http://export.gov/webinars/eg_main_033807.asp May 25, 2011
International Commercial (INCO) Terms used in International Trade
 
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The shipment of an export item from the seller's warehouse to the buyer involves various steps including packing, loading, domestic inland transport, terminal port's charges, loading on to the ship/flight, Insurance & Freight charges, arrival charges, Duties and taxes and finally the delivery to the buyer. While the buyer would definitely pay for the export item, there might be confusion about who would pay for the additional costs ? This is determined by the International Commercial(INCO) terms which the buyer and seller agree to. These INCO terms are discussed in this video. This video is developed by the Office of the Additional Director General of Foreign Trade, Bengaluru as part of an initiative under the Niryat Bandhu Scheme of Government of India. Disclaimer :: This video is for information and educational purposes only. For more details contact you may contact a DGFT office
Letters of Credit - What is a Letter of Credit (Trade Finance Global LC Guide)
 
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Visit https://www.tradefinanceglobal.com/letters-of-credit/ for the TFG Letter of Credit Guide A Letter of Credit is relevant where there is an exporter and an importer; and there needs to be prepayment or a confirmation of payment in order for goods to be shipped. A letter of credit is an instrument from a bank, which guarantees a buyer's payment to a seller if certain criteria are met. If the buyer can’t pay up, due to the agreed contract through the Letter of Credit, the bank will cover the remaining price. Letters of Credit are fundamental components of international trade. They’re governed universally by a set of guidelines called the UCP 600, which are issued by the International Chamber of Commerce. An LC is a promise written on a legal document that comes from a bank with a promise to pay the holder if the holder fulfills certain obligations. Obligations include payment when the goods are shipped if certain criteria are met. A Letter of Credit is usually used when the buyer and seller do not know each other well and this is why it is used so frequently in international trade. Letters of Credit are incredibly specific and a close attention to detail is required. If there is a misspelling in the contract, for example, the name of the goods is incorrectly spelt, there may be non-payment until a new, corrected LC is issued and accepted.
Views: 65179 Trade Finance Global
Introduction to Foreign Trade 1951 Coronet Instructional Films; Exports, Imports, Tariffs...
 
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Coronet Instructional Films playlist: https://www.youtube.com/playlist?list=PL_hX5wLdhf_LJHvbd4-Dv-rXOGG63RvCF Financial Classic Films playlist: https://www.youtube.com/playlist?list=PLE7527E1C9F0B138B more at http://money.quickfound.net/ "Cold War-era treatise on globalization." Reupload of a previously uploaded film with improved video & sound. Public domain film from the Library of Congress Prelinger Archives, slightly cropped to remove uneven edges, with the aspect ratio corrected, and one-pass brightness-contrast-color correction & mild video noise reduction applied. The soundtrack was also processed with volume normalization, noise reduction, clipping reduction, and/or equalization (the resulting sound, though not perfect, is far less noisy than the original). http://creativecommons.org/licenses/by-sa/3.0/ http://en.wikipedia.org/wiki/International_trade International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history (see Silk Road, Amber Road), its economic, social, and political importance has been on the rise in recent centuries. Industrialization, advanced transportation, globalization, multinational corporations, and outsourcing are all having a major impact on the international trade system. Increasing international trade is crucial to the continuance of globalization. Without international trade, nations would be limited to the goods and services produced within their own borders. International trade is, in principle, not different from domestic trade as the motivation and the behavior of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. The main difference is that international trade is typically more costly than domestic trade. The reason is that a border typically imposes additional costs such as tariffs, time costs due to border delays and costs associated with country differences such as language, the legal system or culture. Another difference between domestic and international trade is that factors of production such as capital and labor are typically more mobile within a country than across countries. Thus international trade is mostly restricted to trade in goods and services, and only to a lesser extent to trade in capital, labor or other factors of production. Trade in goods and services can serve as a substitute for trade in factors of production. Instead of importing a factor of production, a country can import goods that make intensive use of that factor of production and thus embody it. An example is the import of labor-intensive goods by the United States from China. Instead of importing Chinese labor, the United States imports goods that were produced with Chinese labor. One report in 2010 suggested that international trade was increased when a country hosted a network of immigrants, but the trade effect was weakened when the immigrants became assimilated into their new country. International trade is also a branch of economics, which, together with international finance, forms the larger branch of international economics... http://en.wikipedia.org/wiki/Balance_of_trade The balance of trade, or net exports (sometimes symbolized as NX), is the difference between the monetary value of exports and imports of output in an economy over a certain period. It is the relationship between a nation's imports and exports. A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit or, informally, a trade gap. The balance of trade is sometimes divided into a goods and a services balance. Early understanding of the functioning of balance of trade informed the economic policies of Early Modern Europe that are grouped under the heading mercantilism. An early statement appeared in Discourse of the Common Wealth of this Realm of England, 1549: "We must always take heed that we buy no more from strangers than we sell them, for so should we impoverish ourselves and enrich them." Similarly a systematic and coherent explanation of balance of trade was made public through Thomas Mun's c1630 "England's treasure by forraign trade, or, The balance of our forraign trade is the rule of our treasure..." Since the stagflation of the 1970s, the U.S. economy has been characterized by slower GDP growth. In 1985, the U.S. began its growing trade deficit with China... In 2006, the primary economic concerns focused on: high national debt ($9 trillion), high non-bank corporate debt ($9 trillion), high mortgage debt ($9 trillion), high financial institution debt ($12 trillion), high unfunded Medicare liability ($30 trillion), high unfunded Social Security liability ($12 trillion)...
Views: 1574 Jeff Quitney
What is Trade Finance?
 
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http://www.tradefinanceglobal.com/finance-products/trade-finance/ What is Trade Finance? Transcript: Hi, I’m Sam, and I want to tell you all about trade finance, and along the journey, this might even help your clients. Did you know, around 80-90% of global trade is reliant on trade and supply chain finance, which is estimated to be worth around $10 trillion US dollars a year. We want to help explain some of the concepts behind trade finance, should it ever be useful for you to explain or help your clients. Sometimes banks might not be the best funding option. We’ve seen increasing regulation, reduced standard lending, and SMEs finding it difficult to access finance from traditional means. Is this really the case? Absolutely not! At Trade Finance Global, we help companies find debt funding. We’re impartial, flexible and work with most funders on the market to ensure SMEs really do get the most appropriate source of funding to help them grow. So what do we offer? In a nutshell, we offer business finance solutions, through our network of lenders to companies. This video covers trade finance – which is one type of debt finance, how it works, and everything you need to know to explain it. What is trade finance? Trade finance is an umbrella term encompassing many types of debt finance, including those which we offer, such as, invoice finance, factoring, letters of credit, forfaiting, export credit, open account, cash advance, documentary collections, guarantees and structured finance– some of which we will discuss in later videos. Today we’ll be talking to you about core ‘trade finance’ and how it works. Most people think that trade finance involves international trade, however, it often just involves domestic or internal trade. So, how does it work? A trade finance transaction will require a seller of goods and services as well as a buyer. A lender would come in and fund this trade. Trade finance is relevant where a seller requires a buyer to prepay for goods shipped. In traditional long-standing relationships, there is often a lot of trust between the seller and the buyer, where they may trade on open account terms. However, in most trading relationships, trade finance will be used. What is needed? As an example, the buyer wants to reduce their risk by asking the seller to document that the goods have been shipped. The buyer’s bank assists by providing a letter of credit to the seller (or the seller’s bank) providing for payment upon presentation of certain documents, such as a bill of lading. The type of document used in the process depends on the nature of the transaction and how evidence of performance can be shown (i.e. bill of lading to show shipment). Trade finance is the type of finance used by buyers and sellers to assist with the trade cycle funding gap. So, if you’re a UK buyer purchasing clothes from China, you might use a trade finance facility to mitigate and reduce risk. Lenders who assist with bridging this finance gap will normally require a number of elements to make sure that the transactions are safe, effective and secure. They will ensure: - Control the financial elements of the transaction - Monitor the trade cycle throughout the trade - Security of the goods and the debt, which is also known as a receivable What’s the risk? When trading goods, either the buyer or the seller will have to take some form of risk. A seller wants payment upfront, whilst a buyer would want to defer payment by receiving some form of credit terms. So how does trade finance help? It’s often difficult to convince a seller to provide extended payment terms, as they normally want the cash upfront. This is particularly difficult when trading with unfamiliar partners. Paying sellers up front for goods can be difficult when businesses are under pressure to sell products on to their end customers. With trade finance, payments are made directly to UK or overseas sellers, which bridges the funding gap between paying suppliers and being paid by customers. At Trade Finance Global, we know that standard forms of debt don’t work, and most business owners are not keen to put up standard security. Within trade finance, instead, it’s possible to use purchase orders, invoices, insurance and goods to be used as security. So, how does it work? Using a Trade Finance facility is straightforward: 1. Firstly, an order is placed with a supplier; 2. The funder then pays the seller upon guarantee of the goods being shipped. 3. Goods are shipped and delivered to the end customers of the company and 4. Finally, the buyer repays the lender. Depending on what is agreed, this may be within 90 days from the transaction date
Views: 47861 Trade Finance Global
What are Rules of Origin & Certificates of Origin
 
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Goods made in India get import duty benefits if covered under a Free Trade Agreement that India has signed. However, a good imported from another country may be re-exported from India falsely stating that the good was made in India. To prevent such and other issues we have rules of origin. To prove that a good satisfies the rules of origin, a document called Certificate of Origin (CoO) is issued. This video covers some of these basic details. This video is developed as part of an initiative under the Niryat Bandhu Scheme of Government of India. Disclaimer :: This video is for information and educational purposes only . For detailed procedure you should refer to the Foreign Trade policy and the Handbook of Procedures available on http://www.dgft.gov.in
Balance of payments: Capital account | Foreign exchange and trade | Macroeconomics | Khan Academy
 
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Understanding how changes in foreign ownership of assets effects balance of payments Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/forex-trade-topic/current-capital-account/v/why-current-and-capital-accounts-net-out?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/forex-trade-topic/current-capital-account/v/balance-of-payments-current-account?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 198402 Khan Academy
IncoTerms 2010 International Trade Import Export Business Supply Chain Logistics Documents
 
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Download IncoTerms chart here: https://www.incodocs.com/blog/incoterms-the-complete-guide/ When exporting and importing in International Trade, the buyer and seller must agree to sell goods based on IncoTerms Ex Works EXW, Free to Carrier FCA, Free Along Ship FAS, Free On Board FOB, Cost and Freight CFR, Cost Insurance Freight CIF, Carriage Paid To CPT, Carriage and Insurance Paid to CIP, Delivered At Terminal DAT, Delivered Duty Paid DDP, are International Commercial Terms that are published by the International Chamber of Commerce. Learn documents to improve your supply chain, logistics and export business. Importers and Exporters use IncoDocs to streamline trade documentation https://www.incodocs.com/
Views: 68374 Inco Docs
BBM || Foreign Trade and Related Terms || SBI PO 2017 || EPISODE 14
 
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In this show we shall get down to the "real thing" in banking i.e. Foreign Trade and Related Terms.This topic is very important for upcoming exams like SBI PO, LIC, SBI PO 2017, RAILWAYS, CLERK, IBPS,SSC CGL and other competitive exams Adda247 Youtube channel is India's most popular channel for Online Coaching for IBPS Bank PO Exams and Online Coaching for SSC CGL. 1. To get all latest videos in your mailbox, subscribe to our youtube channel - https://www.youtube.com/adda247live 2. Get all updates on facebook, like us our facebook page - https://www.facebook.com/adda247live 3. Join us at twitter - https://twitter.com/adda247live
NB6. Top 10 International Sector Concepts of Macroeconomics
 
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Episode 6: No Bull Review's Macroeconomics and Microeconomics podcast - Top 10 things you need to know about international trade, balance of payments, and foreign exchange. This is geared toward college-level principles of macro and micro courses and students enrolled in AP Economics. http://mrmedico.info http://gum.co/top10econ ___ Top 10 Concepts in this video: #1. Current Account vs. Capital (Financial) Account #2. Trade Deficit in Short Run #3. Benefits of Trade #4. Barriers to Trade #5. Causes of Appreciation #6. Causes of Depreciation #7. Foreign Exchange Graph #8. Foreign Exchange – Increased Interest Rates #9. Foreign Exchange – Decrease in Aggregate Income #10. Interest Rates Summarized ___ About Mr. Medico: Mr. Medico is an Economics educator in New York with over a decade of classroom experience. He is the author of No Bull Review - Macroeconomics and Microeconomics: For use with the AP Macroeconomics and AP Microeconomics Exams (2012) and No Bull Review - Macroeconomics and Microeconomics: Top 10 Guide (2014). Mr. Medico is the developer of several best-selling iPhone test prep apps from Study By App, LLC, including Economics AP (2010), Economics AP Free (2011), and Economics Flashcard Review (2011). In 2010, he contributed to WNYC Radio/Public Radio International's morning news program The Takeaway and was recently a featured guest on episode 27 of the Economics Rockstar podcast. Mr. Medico is the Macroeconomics instructor for the Junior State of America summer school at Princeton University.
(In Hindi) Merchandise Export from India scheme (MEIS) and Service Export from India scheme(SEIS)
 
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To watch all lessons click here:- https://goo.gl/C5vPVR | Download the Unacademy Learning App from the Google Play Store here:- https://goo.gl/02OhYI | Discuss the course with fellow aspirants here:- https://goo.gl/Ekrrpr In this course, important government schemes will be discussed keeping in mind the requirements of competitive exams. Important acts and amendments will also be included in this course. The lessons are prepared in a depictive manner and in a language easy to understand. Through this course, one will be able to know about various Government schemes launched and started in Financial Year 2016-17. Tags: Government Schemes of India, Government Schemes launched by Narendra Modi, Important Government Schemes, UPSC Syllabus, UPSC Examination. For more lessons on UPSC CSE Preparation, please visit:- https://unacademy.in/upsc-preparation/all/
Views: 45459 Unacademy
Introduction to Documentary Collections Trade Finance in the Spotlight
 
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Welcome to the second video in ANZ's Trade Finance Education Series - "Trade Finance in the Spotlight". In this series of videos we will be discussing a range of Trade Finance products and concepts. We will discuss the pros and cons of trade products, how they work and when they should be used. In this episode we will introduce documentary collections and the key considerations for the buyer and seller prior to making use of this trade instrument. Stay tuned for upcoming videos featuring more information on Trade Finance products and concepts. Also take a look at the Trade Finance Podcast Series for information on Incoterms 2010! DISCLAIMER: 'The information on the page and in the videos and podcasts is by way of guidance and education only and does not constitute advice or an offer to finance. Nor does it take into account your personal needs and financial circumstances. It should not be relied upon as authoritative and complete or taken in substitution for the exercise of judgment by any recipient or the recipient consulting its own legal, accountancy, tax and technical advisers before taking any action. ANZ is not liable in any way for any loss or damage, whether direct, indirect, consequential or otherwise howsoever arising out of or in connection with or from any use of the contents of and/or any omissions this page or the videos. Information contained in on this page and in the videos is strictly confidential. It is the property of ANZ. As such, no part of it may be circulated, copied, quoted or otherwise referred to another party without prior written consent of ANZ.'
Views: 54896 ANZ Australia
दुबई में Payment Security के साथ Onion Export कैसे करे ? | iiiEM
 
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Website: http://www.iiiem.in/ Contact No. 9377590864 The people who are trying to export onions to Dubai, but could not succeed. Here is the proper methodology explained by Mr. Dipak Manohar directly from Dubai Al - Aweer market. SUBSCRIBE TO OUR CHANNEL https://www.youtube.com/channel/UCYUX... LIKE US ON FACEBOOK https://www.facebook.com/iiiemexim FOLLOW US ON TWITTER https://twitter.com/iiiem Import Export Course, Export Import Business, Import Export Jobs, Export Management, How to Import, Diploma in Export Import Management, Import Export Procedure, Export Import Jobs, International Business Management Course, Export Import Procedure, Export Import Procedures and Documentation, Export Management Course, Import Export Courses, Indian Institute of Export and Import Management, Indian Institute of Export Management, Institute of Foreign Trade, Diploma in International Business, Export Import Management, Import Export Management, Export Import Courses
How to address Quality Complaints and Trade Disputes in International Trade
 
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This video is developed by the Office of the Additional Director General of Foreign Trade, Bengaluru as part of an initiative under the Niryat Bandhu Scheme of Government of India. Exporters need to project a good image of the country abroad to promote India’s exports. Maintaining an enduring relationship with foreign buyers is of utmost importance, and complaints or trade disputes, whenever they arise, need to be settled amicably. Similarly, importers too may have grievances and these too needs to be addressed. Government has tried to address this issue through the Chapter 8 in the Foreign Trade Policy 2015-20 by way of constituting committees on Quality Complaint & Trade Dispute (CQCTD). This video explains the roles of this committee and how to approach them. Disclaimer :: This video is for information and educational purposes only . For detailed procedure you should refer to the Foreign Trade policy and the Handbook of Procedures available on http://www.dgft.gov.in
Important Steps in an Export Shipment from India
 
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This video is developed by the Office of the Additional Director General of Foreign Trade, Bengaluru as part of an initiative under the Niryat Bandhu Scheme of Government of India. Trade documentation may look lengthy and confusing to a new entrepreneur. To help out, this video will explain the various steps in an export shipment from India. This involves the various regulatory steps required by the offices of the Government of India and the commercial documents which are part of any international shipment. Disclaimer :: This video is for information and educational purposes only . For detailed procedure you should refer to the Foreign Trade policy and the Handbook of Procedures available on http://www.dgft.gov.in
How cash is becoming a thing of the past | DW Documentary (Banking documentary)
 
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Cashless payments are on the rise. They are fast, easy and convenient. Worldwide, cashless transactions have become the norm. But Germany’s central bank and government are still clinging on to cash. Can they stop the move towards a cashless society? Our documentary shows who is behind the worldwide anti-cash lobby. Banks want to get rid of coins and bills for cost reasons, and politicians think less cash will cut the rug out from under criminals and terrorists. Central bankers want to abolish cash because it would make it easier for them to enforce negative interest rates. And digital payment companies like Paypal or Visa simply want to profit from money transactions and collect as much financial data about consumers as they can. Their aim is to gain complete control over our buying behavior. For example, the "Better than Cash Alliance" in New York is supported by financial corporations such as Visa or Mastercard. They say the more people that are integrated into the international financial system, the more growth and jobs it will promote. But as our financial behavior becomes more and more transparent, states are also using payment data to find out more about us. The ordinary citizen’s view of cash as a store of value, independent of third party interests, is being increasingly ignored. But for them, cash is and will remain a symbol of freedom. _______ DW Documentary gives you knowledge beyond the headlines. Watch high-class documentaries from German broadcasters and international production companies. Meet intriguing people, travel to distant lands, get a look behind the complexities of daily life and build a deeper understanding of current affairs and global events. Subscribe and explore the world around you with DW Documentary. Subscribe to DW Documentary: https://www.youtube.com/channel/UCW39zufHfsuGgpLviKh297Q?sub_confirmation=1# For more documentaries visit: http://www.dw.com/en/tv/docfilm/s-3610 Instagram https://www.instagram.com/dwdocumentary/ Facebook: https://www.facebook.com/dw.stories DW netiquette policy: http://www.dw.com/en/dws-netiquette-policy/a-5300954
Views: 545870 DW Documentary
How to start Export Business in Hindi Part 4 - DGFT & Foreign Trade Policy (5/5)
 
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DGFT, Foreign Trade Policy, MEIS, EPCG, Advance Authorisation, EOU, SEZ
Views: 3123 Suvidh Shah
How Beneficial Is World Trade?
 
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Global Economics - Global Exchange: Free Trade & Protectionism (2006): Assessing the overall gains of world trade. Subscribe to Journeyman here: http://www.youtube.com/subscription_center?add_user=journeymanpictures Societies have traded for thousands of years. However, the last 35 years have seen an explosion in world trade. How has this global integration affected the world's economy and individual markets and how are the overall gains of world trade distributed? Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanNews https://twitter.com/JourneymanVOD Follow us on Instagram: https://instagram.com/journeymanpictures For downloads and more information visit: http://www.journeyman.tv/film/3168 Journeyman Pictures - Ref. 3168 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
Views: 193394 Journeyman Pictures
What is TRADE CREDIT INSURANCE? What does TRADE CREDIT INSURANCE mean?
 
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What is TRADE CREDIT INSURANCE? What does TRADE CREDIT INSURANCE mean? TRADE CREDIT INSURANCE meaning - TRADE CREDIT INSURANCE definition - TRADE CREDIT INSURANCE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Trade credit insurance, business credit insurance, export credit insurance, or credit insurance is an insurance policy and a risk management product offered by private insurance companies and governmental export credit agencies to business entities wishing to protect their accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy. This insurance product is a type of property and casualty insurance, and should not be confused with such products as credit life or credit disability insurance, which individuals obtain to protect against the risk of loss of income needed to pay debts. Trade credit insurance can include a component of political risk insurance which is offered by the same insurers to insure the risk of non-payment by foreign buyers due to currency issues, political unrest, expropriation etc. This points to the major role trade credit insurance plays in facilitating international trade. Trade credit is offered by vendors to their customers as an alternative to prepayment or cash on delivery terms, providing time for the customer to generate income from sales to pay for the product or service. This requires the vendor to assume non-payment risk. In a local or domestic situation as well as in an export transaction, the risk increases when laws, customs communications and customer's reputation are not fully understood. In addition to increased risk of non-payment, international trade presents the problem of the time between product shipment and its availability for sale. The account receivable is like a loan and represents capital invested, and often borrowed, by the vendor. But this is not a secure asset until it is paid. If the customer's debt is credit insured the large, risky asset becomes more secure, like an insured building. This asset may then be viewed as collateral by lending institutions and a loan based upon it used to defray the expenses of the transaction and to produce more product. Trade credit insurance is, therefore, a trade finance tool. Trade credit insurance is purchased by business entities to insure their accounts receivable from loss due to the insolvency of the debtors. The product is not available to individuals. The cost (premium) for this is usually charged monthly, and are calculated as a percentage of sales for that month or as a percentage of all outstanding receivables. Trade credit insurance usually covers a portfolio of buyers and pays an agreed percentage of an invoice or receivable that remains unpaid as a result of protracted default, insolvency or bankruptcy. Policy holders must apply a credit limit on each of their buyers for the sales to that buyer to be insured. The premium rate reflects the average credit risk of the insured portfolio of buyers. In addition, credit insurance can also cover single transactions or trade with only one buyer.
Views: 1411 The Audiopedia
VV 32 - English Vocabulary for International Trade | Business English Vocabulary
 
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Download more lessons at http://businessenglishpod.com In this Video Vocab lesson, we'll look at business English vocabulary, words and phrases for international trade.
How To Release Shipment without Paying Customs
 
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http://accmumbai.gov.in/aircargo/import/faq.html 3 Ways To Avoid Customs Tax On Packages Shipping From China WATCH this video BEFORE IMPORTING ANYTHING https://youtu.be/GK9q7KqTbSU Hello guys, so long i haven't upload any video really sorry for that. So to day in this video I will share with you how I able to waive off the duty charges of INR 867.31 which was levied on my DHL shipment. Watch the video till the end and if you have any questions any suggestion don't forget to leave a comment in the comment section below. 3) Can someone send a gift through post? The Bonafide gifts up to a value limit of Rs.10,000/-, imported by post, are exempt from Basic and Additional Customs duties in terms Notification No.171/93-Cus, dated 16-9- 1993. Further, only those items can be imported as gifts, which are not prohibited for importation under Foreign Trade (Development and Regulation) Act, 1992. The sender of the gift may not necessarily be residing in the country from where the goods have been dispatched and any person abroad can send the gifts to relatives, business associates, friends, companies and acquaintances. The gifts have to be for bonafide personal use. The purpose of this stipulation is that the person receives the gift genuinely free and the payment is not made for it through some other means. The quantity and frequency of the gifts should not give rise to the belief that it is used as a route to transfer money. The gifts can be received by individuals, societies, institutions, like schools and colleges and even corporate bodies. For calculating the value limit of Rs.10,000/- in case of imports of gifts, postal charges or the airfreight is not taken into consideration. The value of Rs.10,000/- is taken as the value of the goods in the country from where these were dispatched. If the value of the gifts received is more than Rs.10,000/-, the receiver has to pay Customs duty on the whole consignment, even if the goods were received free, unsolicited. In addition, at the discretion of the Assistant/ Deputy Commissioner, if the goods are restricted for import, the receiver has a liability for penalty for such import, even if the goods have been sent unsolicited. The restricted goods are also liable to confiscation and receiver has to pay redemption fine in lieu of confiscation in addition to duty and penalty. Certain prohibited goods like narcotic drugs, arms, ammunition, obscene films/printed material etc. are liable to absolute confiscation and the receiver is liable to penal action, even if the goods have been sent unsolicited. Customs duty is chargeable on gifts assessed over Rs.10,000/- by the Customs. In case of post parcel, the customs department assesses the duty payable and the postal department collects the assessed duty from the receiver of the gift and subsequently deposits it with the customs. Thanks. ## My Gears List ## ☑️☑️Video Stabilizer (Gimbal ) : Zhiyun Smooth Q 3 ❤❤Gearbest.com http://bit.ly/2xqaKN4 $129 ❤❤Ebay.com : http://ebay.to/2xpSHa1 $130 - $160 ❤❤Banggood.com : http://bit.ly/2vcj0Qi $135 ❤❤amazon.com http://amzn.to/2w0Mf9R $125 ❤❤Amazon.in http://amzn.to/2vWbMCL INR 12,000 ☑️☑️Action camera 1 : SJCAM SJ7 STAR 4K WIFI Action Camera ❤❤Gearbest.com (Free Fast shipping) http://bit.ly/2ioI2ty $170 ❤❤Banggood.com http://bit.ly/2g2AJXB ❤❤Eaby.com http://ebay.to/2ipU99U ❤❤Amazon.com http://amzn.to/2wkMeAc ☑️☑️Action camera 2 : GoPro Hero 5 ❤❤Amazon.com : http://amzn.to/2xpX0SJ $399 ❤❤Ebay.com : http://ebay.to/2wBY4pp $300 - $400 ❤❤Amazon.in : http://amzn.to/2xq5klf INR 31,000 ☑️☑️Point and Shoot Camera: Sony RX100 V ❤❤Amazon.com http://amzn.to/2vm4vsA $990 ❤❤Ebay.com : http://ebay.to/2wBRdME $800 - $1000 ❤❤Amazon.in : http://amzn.to/2xqgTcd INR 1,11,000 ☑️☑️Big Camera DSLR Canon 80 D ❤❤Amazon.com http://amzn.to/2xafAPd ❤❤Flipkart.com http://fkrt.it/GZ0tYTuuuN ❤❤Amazon.in : http://amzn.to/2wvx6k3 ☑️☑️Microphone : Rode VideoMicro ❤❤Amazon.com http://amzn.to/2xa9JJR $59 ❤❤Amazon.in : http://amzn.to/2wC119n ****************************************************************** ****************************************************************** Subscribe To me: https://goo.gl/qzUGMO Twitter : https://twitter.com/roytectips Facebook : https://www.facebook.com/roytectips/ instagram : https://www.instagram.com/roytectips/ Goolgle+ : https://plus.google.com/+RoyTecTips/ Whatsapp : +91-7688089356 email : [email protected] ******************************************************************
Views: 9429 RoyTecTips
From the exporter’s point of view, advance payment is not free from any kind of credit or transfer r
 
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From the exporter’s point of view, advance payment is not free from any kind of credit or transfer risks. from the exporters point of view advance payment is not free from any kind of credit advantages and disadvantages of advance payment gst on advance payment for export safest mode of payment in international trade methods of payment in international trade pdf advance against exports there are no financial assistance scheme for agricultural horticultural and meat exports import export payment terms pdf
Views: 14 Guffo solved
Importer-Exporter Code (IEC) Online Application Process| खुद IEC Apply करे | DGFT | Chartered Wisdom
 
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Documents Required In case of fresh e-IEC 1)Digital Photograph (3x3cms) of the Signatory Applicant 2)Copy of PAN card 3)Bank Certificate or cancelled bearing the applicant entities name What is the technical requirement for filing an IEC? Internet Explorer11 or above, chrome 6.3.2 or above with JavaScript enabled. Any time you suspect mal functioning of system please clean your browser cache and re-login. A valid PAN Valid Mobile Number and Email ID. Scanned copy of the documents to be uploaded. Where to Login for filing IEC application? Go to the website dgft.gov.in and click on the link Online IEC Application, it will ask you to enter PAN, Mobile Number and Email ID. Two different 5 digits token number with the same serial number will be sent to your Mobile number as well as to your Email Id . With the help of these two token numbers you can login to the IEC Master screen. Complete all details by filling relevant information online like: IEC Master Branch Director Pay Fee through any designated bank online Attach documents At every stage you can preview the application for correctness Submit it to DGFT, RA (Regional Authority of DGFT) online Under the new provision an application can be either approved or rejected. It is advised that: Applicant ensures that all details are correct and match with documents DGFT, RA is selected as per it's jurisdiction Requisite fee is deposited Checklist as in preview is complied with Physical Copy is signed manually by applicant and uploaded(in case of IEC Modification) You must ensure the following: Application should be complete with all the details. If you press the Submit button and nothing is happening then check the compatibility settings of your browser (Go to your browser.Select the Tools option from the menu bar and then select the Compatibility view Settings from the dropdown list and add the 164.100.78.104 link in the space provided.) lick on the link submit application with digital signature provided in the main IEC Application. Minimum type II certificate is issued by the India Certifying Authority only is acceptable and digital signature should be of applicant signing the application only.You may access the application any number of times as you wish by login with same PAN,Email and Mobile that you have given first time when you created the application. Import Export Code | IEC application | IEC Apply | IEC process EMAIL : [email protected] FACEBOOK : https://www.facebook.com/charteredwisdom
Views: 78032 Chartered Wisdom
The relationship between the Current Account Balance and Exchange Rates
 
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This lesson will illustrate how trade flows should lead to appreciation and depreciation of currencies in a floating exchange rate system, and then explain how in the case of China, central bank policy aimed at buying large quantities of US government debt keeps the supply of Chinese currency high in the US and the demand for US dollars high in China. This means the dollar remains stronger than it otherwise might relative to the Chinese RMB, contributing to the persistent trade deficits the US exhibits in its trade with China. 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: 113301 Jason Welker
Accumulating foreign currency reserves | Foreign exchange and trade | Macroeconomics | Khan Academy
 
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How and why a central bank would build foreign currency reserves Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/forex-trade-topic/currency-reserves/v/using-reserves-to-stablize-currency?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/forex-trade-topic/current-capital-account/v/why-current-and-capital-accounts-net-out?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 125470 Khan Academy
India's Free Trade Agreements
 
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India’s free trade agreements (FTAs) and Preferential Trade Agreements (PTAs) may be seen as a measured and calibrated exposure of the Indian economy to international competition. Here Niryat Bandhu will explain to Nikkoo some details about FTAs. This video is developed by the Office of the Additional Director General of Foreign Trade, Bengaluru as part of an initiative under the Niryat Bandhu Scheme of Government of India. Disclaimer :: This video is for information and educational purposes only . For detailed procedure you should refer to the Foreign Trade policy and the Handbook of Procedures available on http://www.dgft.gov.in
The Economics of TRUMP with Jacob Clifford- Part 1: Trade
 
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Thanks for watching my videos. I’m excited to have an intelligent discussion about the economic policies of President Trump. In this video I cover what what most economists think about international trade and protectionism. Do you think we should continue to promote globalization or do you think we need tariffs and trade restrictions? Do you think the trade deficit is a problem? Are mainstream economists right or wrong? Let me know in the comments below. Thanks again. Please like and share. Article about manufacturing cell iphones in the US- https://www.marketplace.org/2014/05/20/business/ive-always-wondered/how-much-would-all-american-iphone-cost Check out what Milton Friedman had to say about international trade, trade deficits, and the balance of payments https://www.youtube.com/watch?v=7DhagKyvDck Get the Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership
Views: 37381 Jacob Clifford
What is INVISIBLE BALANCE? What does INVISIBLE BALANCE mean? INVISIBLE BALANCE meaning & explanation
 
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What is INVISIBLE BALANCE? What does INVISIBLE BALANCE mean? INVISIBLE BALANCE meaning - INVISIBLE BALANCE definition - INVISIBLE BALANCE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ The invisible balance or balance of trade on services is that part of the balance of trade that refers to services and other products that do not result in the transfer of physical objects. Examples include consulting services, shipping services, tourism, and patent license revenues. This figure is usually generated by tertiary industry. The term 'invisible balance' is especially common in the United Kingdom. For countries that rely on service exports or on tourism, the invisible balance is particularly important. For instance the United Kingdom and Saudi Arabia receive significant international income from financial services, while Japan and Germany rely more on exports of manufactured goods. Invisibles are both international payments for services (as opposed to goods), as well as movements of money without exchange for goods or services. These invisibles are called 'transfer payments' or 'remittances' and may include money sent from one country to another by an individual, business, government or non-governmental organisations (NGO) – often charities. An individual remittance may include money sent to a relative overseas. Business transfers may include profits sent by a foreign subsidiary to a parent company or money invested by a business in a foreign country. Bank loans to foreign countries are also included in this category, as are license fees paid for the use of patents and trademarks. Government transfers may involve loans made or official aid given to foreign countries, while transfers made by NGO's include money designated for charitable work within foreign countries, respectively. In many countries a useful distinction is drawn between the balance of trade and the balance of payments. 'Balance of trade' refers to the trade of both tangible (physical) objects as well as the trade in services – collectively known as exports and imports (in other words, 'visibles plus services') – while the 'balance of payments' also includes transfers of Capital in the form of loans, investments in shares or direct investment in projects. A nation may have a visibles balance surplus but this can be offset by a larger deficit in the invisibles balance (creating a Balance of Trade deficit overall) – if, for example, there are large payments made to foreign businesses for invisibles such as shipping or tourism. On the other hand, a Visibles Balance deficit can be offset by a strong surplus on the invisibles balance if, for example, foreign aid is being provided. In a similar way, a nation may also have a surplus 'balance of trade' because it exports more than it imports but a negative (or deficit) 'balance of payments' because, it has a much greater shortfall in transfers of capital. And, just as easily, a deficit in the 'balance of trade' may be offset by a larger surplus in capital transfers from overseas to produce a balance of payments surplus overall. Problems with a country's balance of trade (or balance of payments) are often associated with an inappropriate valuation of its currency, its country's foreign exchange rate. If a country's exchange rate is too high, its exports will become uncompetitive as buyers in foreign countries require more of their own currency to pay for them. In the meantime, it also becomes cheaper for the citizens of the country to buy goods from overseas,as opposed to buying locally produced goods), because an overvalued currency makes foreign products less expensive.....
Views: 344 The Audiopedia
How to Increase Export || Niryat Bandhu Scheme  || Foreign Trade policy
 
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How to increase Export in india ? All about Niryat Bandhu Scheme and its objective , international business export import promotion in india to new young entrepreneurs by DGFT ( Director general of Foreign Trade ) with the Collaboration with IIFT ( Indian Institute of foreign Trade ) ‘Niryat Bandhu’ Scheme was launched with the objective of to get-access to the new and potential exporters to mentor them by conducting counseling sessions, individual facilitation, orientations programmes, etc. to make them able to do business in international trade. ‘Niryat Bandhu’ scheme was first introduced in October 2011, by the Director General of Foreign Trade (DGFT), for international business mentoring first generation entrepreneurs in international business enterprises. Under this novel scheme the officer (Niryat Bandhu) would function in mentoring arena and would be a ‘handholding’ experiment for the Young Turk entrepreneurs. According to the scheme officers of DGFT will be investing time and knowledge to mentor the interested individuals who want to conduct business in a legal way. The scheme got an overall allocation of Rs. 23.23 crore for the plan period (2012-17). However, a token allocation of Rs. 2 Lakh was sanctioned in the fourth quarter of the financial year 2013-14. Why in News ?Niryat Bandhu In the financial year 2014-15 the ‘Niryat Bandhu’ scheme actually took off when it was sanctioned Rs. 2 crore for the first time. More than 18,000 new and potential exporters including students of management stream etc. were mentored and provided insights on numerous aspects of international trade. For the financial year 2015-16 of Rs. 2 crore has been sanctioned, along with this an amount of Rs. 1.40 crore has been provided to the RAs for proper implementation of programmes during this financial year (the ongoing year). In September, 2015 an “Online certificate programme on export business” was introduced in collaboration with IIFT (Indian Institute of Foreign Trade) for new exporters, employees of status holders, entrepreneurs, etc. The programme covers 20 live sessions of 2 hours each that can be appraised by the registered participants using their desktops. Every month, programme would run a course with maximum intake of 60 participants. Objective of Niryat Bandhu Scheme ‘Niryat Bandhu’ Scheme was launched with the objective of to get-access to the new and potential exporters to mentor them by conducting counseling sessions, individual facilitation, orientations programmes, etc. to make them able to do business in international trade. DGFT deals with the implementation of programmes through its 36 regional authorities, which are also known as field officers, who directly come into contact with the new and prospective exporters in course of sanctioning IEC, authorizations, incentives, scrips etc. At the beginning of the year, the fund is sanctioned to the RAs (Regional Authorities) along with a tentative sanctioning of activities under different contents of the scheme. It is done so that they can design their plan in advance in coordination with stakeholders, namely, State government departments, export councils, Industry associations, excise, customs etc. Keeping in mind the strategic significance of small and medium scale enterprises in the manufacturing sector and in employment generation, as an intervention strategy 108 ‘MSME’ (Medium Scale Manufacturing Enterprise) have been recognized that is based on the export potential of the product and the density of industries in the cluster for focused intervention to encourage exports. Apart from these steps, under Niryat Bandhu Scheme 35 ‘Towns of Excellence’ have been selected for outreach intervention. It has been made certain that the orientation programmes would concentrate on specific export product with the objective of adding new exporters from that sector and as well as encouraging the export of the specific product. Buy our Emailupdate course and get all our pdfs free + many other stuff :- http://imojo.in/f1y62b Buy full Uttar Pradesh PCS UPPCS study package for UPPCS 2017 PRe+ Mains + UP Exams :- http://imojo.in/9nv1nt Buy Full Study Package for BPSC /Bihar PCS -2016 ( 60-62 CCE ) :- PRelims + Mains :- http://imojo.in/BPSCStudyPackage Buy full Uttarakhand PCS UKPSC 2016 Study Package for PRe+ Mains :- http://imojo.in/UKPSCStudyPackage Buy Full RAS Rajasthan PCS Pre + Mains Study Package from Here :- http://imojo.in/36hmxf Our Online Store link :- https://www.instamojo.com/studyforcivilservices/ Please Contribute towards Study for Civil Services :- http://imojo.in/ContributetoSCS Useful for Exams like UPSC , IAS , IPS , IFS , State PCS Exams like UPPCS/UKPSC/MPPCS/RAS/BPSC/CGPSC , SSC Exams , Banking Exams , IBPS, RRB , RBI , NET , SSB , CDS , NDA , SCRA , Railway Exams , Banking clerk exams , HTET Exams and Various Other Competitive Exam
विदेश व्यापार हुआ आसान | Start Import Export Products Business Made Easy | Tips Dr. Amit Maheshwari
 
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How to start import export business in international market? It has become difficult for businessmen to find buyer from India to other countries. Many Exporters have their direct contact in international marketing. Today there are different ways to find suppliers or dealers or local buyers. Businessmen should use top B2B portal running or popular in target country. English is not a compulsory for doing export/import. The main thing is, how are you advertising or showing your products or services to the targeted people of different countries. Use local Social Media sites or classified sites which are popular there. Take help from an expert Digital Marketer who can advertise your products or services in those countries. Online Marketing has made import / export easy. For more details on Export Process watch these: https://www.youtube.com/watch?v=iBiP8ZIqyF0 https://www.youtube.com/watch?v=kshTDk1NdTs Dr. Amit Maheshwari is Public Speaker, Motivational Speaker, Business Trainer Corporate Trainer by Profession whose Experience includes 16 years in Public speaking conducted +750 training Workshop in India and Abroad. He is Youngest President of Delhi Pradesh Maheshwari Yuva Sangathan. https://www.facebook.com/MettasClub https://www.youtube.com/MettasClub https://vimeo.com/amitmaheshwariji http://www.dailymotion.com/DrAmitMaheshwari For Training Program Registration Call Us at: 8882989694, 9911473894, 8882610799
Views: 658105 Mettas Club
Export documentation and Procedure in Hindi
 
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Explanation of Export Documentation and Procedure in Hindi (हिन्दी में)
Finding Foreign Buyers Part 1 | Export.Gov Exporting Basics Video Episode 10
 
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This video reminds US exporters that the U.S. Commercial Service is here to help find overseas buyers and export partners around the world. Their exporting agents can help you identify the best markets, industries, and foreign buyers around the world. Watch the video brought to you by Export.Gov to learn how to find international buyers. For more: https://www.export.gov/article?id=Finding-Buyers December 12, 2016
How to Learn Export Import by Exim Guru Dipak S. Manohar
 
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An introduction to Foreign Trade Policy 2015-20 with practical aspects and live demo
 
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