Question: Question No 3 (Max Marks 10) A. Explain the incoterm you will be using while importing your product/importing raw material for your product. Justify your

Question No 3 (Max Marks 10)

A. Explain the incoterm you will be using while importing your product/importing raw material for your product. Justify your answer on basis of Risk & Cost

B. Briefly Explain the International Pricing Process for your product

C. Which of the pricing strategies will suit your product when selling globally? 1. Ethnocentric Pricing 2. Geo Centric Pricing 3. Poly Centric Pricing

D. What is the importance of HS Code in Importing a product and how HS code will help in calculating Imports Pricing?

E. A commodity will be non-traded if f.o.b. price < domestic price < c.i.f price. Is this True or False? Justify your answer with statement related to your product

F. How a B/L can be used as a medium of trade financing for an importer? Discuss this statement in context of your product

G. Explain the role of Freight Forwarders in accommodating your imports/exports transaction

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