ECONOMICS
ECONOMIC SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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goods entering a country
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goods leaving a country
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international trade
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specialization
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Detailed explanation-1: -Exports are goods and services that are produced in one country and sold to buyers in another. Exports, along with imports, make up international trade.
Detailed explanation-2: -“Deemed exports” generally refer to those transactions under which supply of goods do not leave the country, and payment for such supplies is received in Indian Rupees shall be treated as ‘deemed exports’, provided that goods are manufactured or produced in India.
Detailed explanation-3: -Export Definition. Goods and services produced in one country but supplied to buyers in another are known as exports. International trade is made up of exports and imports.
Detailed explanation-4: -Establishing an Organisation. Opening a Bank Account. Obtaining Permanent Account Number (PAN) Obtaining Importer-Exporter Code (IEC) Number. Registration cum membership certificate (RCMC) Selection of product. Selection of Markets. Finding Buyers. More items