What is IEC number.

Solution

IEC stands for Importer Exporter Code number. This number can be obtained from the office of Director General for Foreign Trade (DGFT) or Regional Import Export Licensing Authority. The exporter is known by its IEC number.

Some More Questions From International Business - II Chapter

The government has given a number of incentives for the promotion of foreign trade. How they help in the encouragement of foreign trade ?

What purpose is served by World Bank and its affiliates ?

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International Business - II

What is IEC number.

Some More Questions From International Business - II Chapter

The government has given a number of incentives for the promotion of foreign trade. How they help in the encouragement of foreign trade ?

What purpose is served by World Bank and its affiliates ?

What purpose is solved by IMF (International Monetary Fund) ?

When GATT was evolved ?

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?

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