CHAPTER 12

CHAPTER INTERNATIONAL BUSINESS - II LEARNING OBJECTIVES After studying this chapter, you should be able to: • discuss important steps and documents involved in executing export transactions; • explain major steps and documents involved in carrying out import transactions; • identify various incentives and schemes available to international firms; • identify and state the role of various organisations that have been set up in the country to promote foreign trade; and • list major international institutions and agreements existing at the global level and discuss their role in promoting international trade and development. © NCERT not to be republished