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Risk as an Importer : The position is entirely opposite of what it is for the exporter. If the importer is billed in rupees, he does not stand to loss at all whether the foreign currency appreciates or depreciates. But considering the position of the Indian rupees as it is, no exporter would like to bill the Indian importer in rupees. Hence, the importer is always exposed to an exchange risk. Let us suppose that an Indian importer contracts to purchase equipment costing
$10,000 on January 1, expecting to pay Rs.3,50,000 in Indian currency. But if the value of dollar increases to Rs.36 on May 1 when the payment is due, he will have to pay Rs.3,60,000 and not Rs.3,50,000. Of course, there is an equal possibility of the dollar going down to Rs.34. In that case, the Indian importer will stand to gain. But the point is that he is exposed to a risk. The higher the appreciation of the dollar the higher is the risk to which he is exposed.
Actual Total Loss (ATL): An actual total loss may occur in three ways. Firstly when the, insured cargo is physically destroyed when fire in the hold of the ship destroys complet
Question 1 Explain the concept of Service mapping with example Question 2 Write a short notes on- Factors that influence customer expectations Pricing strategies
Explain a production procesq
Consider the needs of your community and the world around you through the eyes of a social marketer. To this end, choose a social, environmental or health issue (e.g. recycling, sm
Non sampling errors as the name implies are all those errors which occur in different stages of research except in the selection of sampling. Obviously these errors are many and va
Spot Rate : The current exchange rate is usually the spot rate. It is the rate at which most foreign exchange transactions are carried out. If the contract to buy or sell foreign
Export of Spares: Warranty spares, whether indigenous or imported, of plant, equipment, machinery, automobiles or any other goods may be exported upto 7.5% of the FOB value of the
Q. Approaches to belief change exist? Numerous approaches to belief change exist. 1. Change currently held beliefs . It is in general very difficult to attempt to change be
What is Historical Research Any research that makes use of observations based on past events is termed as historical approach.
You are the member of an advertising team assembled to develop a promotional campaign for a new digital camera. Develop three headlines for these campaigns each based on one of the
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