Export Credit And Letter Of Credit Export Credit The credit required by an exporter from a banker is broadly divided into two categories, viz [1] Pre-Shipment Credit [2] Post-Shipment Credit. Both of these may be acquired either in Indian Rupees or in Foreign Currencies. Hence, Export Credit may be further...
Cost Of Capital For MNCs Introduction The term Cost Of Capital refers to the minimum rate of return that a firm must earn on its investments so as to keep the value of the enterprise in tact. It represents the rate of return which the firm must pay to the...
International Trade Theories Why do nations trade? What is the basis of trade and what are the gains from trade? How large are the gains from trade and how are they divided among the trading nations? What is the pattern of trade? That is, what commodities are exported and imported...
International Economies Introduction Since the early 1970s and more so after the early 1990s the world has witnessed a steady sequence of events that has partially changed the Global Economic Scenario. Starting from the early 70s the fixed exchange rate system has given way to the managed floating exchange rate...
International Financial Management Introduction We know that international business activity has been in existence for hundreds of years. More than two hundred years back. Adam Smith wrote in his famous title “Wealth of Nations” that if a foreign country can supply us with a commodity cheaper than we ourselves can...
Elements Of Design Design Elements And Principles are the components that are used in design and art including fashion, architecture, graphic design, painting, and sculpture. The elements form the basic vocabulary of visual design, while the principles constitutes the broad rules by which these elements can be used for composing...
