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  • International Business - II

International Business - II

Question
CBSEENBS11004796
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Write down any three features of special economic zones.

Answer
Short Answer

Three features of SEZ :

1. It is a duty free enclose which is treated as foreign territory.

2. Units of SEZ are exempted from routine examination of import and export by custom authorities.
3. Sub-contracting of production is allowed.

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Some More Questions From International Business - II Chapter

Give meaning of WTO agreement.

Give the steps involved in the import of goods taken by one country.

Briefly explain “Advance license scheme” announced by Government of India to promote foreign trade.

Briefly explain “export promotion capital goods scheme”.

Which documents must be submitted to obtain IEC number ?

What is the main objective of WTO?

Write down any three features of international business.

Write down full name of EPZ and SEP.

Write the full name of GATT.

Write down any two advantages of WTO.

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