Warehousing facilities and supply of trade information, Microeconomics

Warehousing Facilities: These should be expanded in important commercial centres abroad, specially for fast-moving consumer goods. Nowadays, foreign buyers are reluctant to keep a high level of inventories and want the exporters to do so in order to enable them to buy the product in smaller quantities and at short notice. Although warehousing is an expensive operation, it pays good dividends in the long run and helps establish closer and more stable relations with the market.

Supply of Trade Information:

A well-directed foreign trade policy should be based on accurate trade information supported by reliable data. We have yet to conceive of a system by which this can be done. At present, trade statistics are based on highly loaded information supplied by the Export Promotion Councils to obtain maximum advantage of duty drawbacks and export subsidies.  

Posted Date: 11/15/2012 12:41:44 AM | Location : United States







Related Discussions:- Warehousing facilities and supply of trade information, Assignment Help, Ask Question on Warehousing facilities and supply of trade information, Get Answer, Expert's Help, Warehousing facilities and supply of trade information Discussions

Write discussion on Warehousing facilities and supply of trade information
Your posts are moderated
Related Questions

Money market: The money market is a market of short-term loans. It consists of financial institutions having surplus fund to lend on short-term basis, and those wishing to bor

EXCHANGE RATE SYSTEM: It is interesting to look at a case study of a country like India for several reasons: first it is a small country in terms of imports and exports as a p

Seaports and Airports: Seaports India has 12 major ports and about 185 minor ports over its coastline spread over 7,000 kms. Major ports are managed by the Central Government

The drawbacks of a mixed economy actually depend on how "mixed" it is. For instance, if it is mixed more towards a free-market, there is little regulation (some may see this as a g

Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.

On Valentine's Day, the price of roses increases by more than the price of greeting cards.  Why? (Hint: Consider what makes roses and cards different and how that difference might

According to the Linder theory ,trade will occur in goods that have overlapping demand. With aid of a graph ,illustrate this theory and its implications

Why do some people believe that a mixed economic system solves basic economic problems?  Ans) It is due to  the private sector and public sector both have a say in answering the

can achiral molecules refract light?