AED-01 Export Procedures and Documentation in English Solved Assignment 2020-2021

AED-01 Export Procedures and Documentation

Solved Assignment 2020-2021

Course Code : AED-01
Course Title : Export Procedures & Documentation
Assignment Code : AED-01/TMA/2020-21
Coverage : All Blocks

Attempt all the questions.
Q.1 You are a manager in the Export firm and planning to export your
products. In this connection, state various commercial documents required
for the export. Explain the features of each commercial document.
(4+16)
Q.2 (i) What are the basic principles of operation of ECGC? Describe the
procedure for taking a policy from ECGC.
(5+5)
(ii) Explain the procedure for making claim from ECGC along with the
documentation formalities.
(10)
Q.3 Do you think that containerization has become a predominant form of
unitized transport? Discuss and explain the features of Liner and Tramp
Shipping Services.
(6+7+7)
Q.4 Comment on the following statements :
(i) Litigation is better than arbitration for settlement of international
trade disputes.
(ii) Standard policies of ECGC cover losses due to all types of risks.

(iii) There are no reasons for securing insurance cover by the exporter.
(iv) Export houses are not entitled to get any special benefits.
(4X5)
Q.5 Write notes on the following?
(i) General conditions in export contracts
(ii) Deferred credit facilities
(iii) War perils
(iv) Procedure for claiming duty drawback

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