International Trade - Assignment
Added on 2021-05-27
20 Pages3294 Words41 Views
Running head: INTERNATIONAL TRADE 1International TradeNameInstitution
INTERNATIONAL TRADE 2INTERNATIONAL TRADEAssessment Task 1 1.1 Answer:An example of trade policy is the use of tariffs which safeguard domestic industries fromoutside competition (foreign competition). The policy uses tax to raise the cost of importedgoods. Another Example of trade policy is subsidies which are a form of support or financialhelp granted by the public body or state to business or institution (Jones & Kierzkowski, 2018).Example of procedures is the Administrative procedures which are the system or set ofrules that guide processes for the organization's management (Jones & Kierzkowski, 2018). Theyare established to regulate trade at the border.1.2 Answer:Route planner provides information that relates to public transport services. Theinformation can be retrieved via web. Sources that can be accessed to provide information on aparticular transport route include the quality assurance system, production system, andDevelopment system.1.3 Answers: DATE:TO:FROM:SUBJECT:Dear Sir/Madam,
INTERNATIONAL TRADE 3The intention of this is to inform you of the methods and rating principles used in theentire forms of transportation such as rail and roads. The method and principles of rating usedinclude the tariff rates, FAK, Ad Valorem, Heavy Lift, Dangerous, Special and Refrigerated.Thank you,Name1.4 Answer: 1) The first step is the advance checking with the consulate of another foreign nation towhich I'm shipping in. This help in the determination of restrictions that may affect my shipment.2) I will then analyze specific requirements; this will help in the determination of the bestmethod of transport to provide the best results (McCalman, 2018).3) I will then analyze the transportation cost4) The next step is to analyze the insurance cost5) The fifth step is the preparation of suitable international documentation for the Vehicleexportation.6) The last step is to take identification plate approval. This is because Australia prohibitsthe importation of Vehicles in some circumstances.1.5 Answer:The main Factors that must be considered include Weight, Volume, Perishability,Insurance, and Types of goods (Examples are Stuff, Food, and services).1.6 Answer:1) When the airplane engaged in the accident, the goods may be damaged or lost.
INTERNATIONAL TRADE 42) The problem at vessels or air cargo may prevent the goods from reaching the targetdestination.B. Answer:The risks are: 1) Commodities may be lost at sea; 2) The package may be damaged.1.7Answer:ITEMLIVESTOCKVEGETABLESACCEPTED METHOD OFTRANSPORT. The method used tomove Livestock include onhoof, by rail, by motor vehicleand by air or on ship.. Vegetables can betransported by air or by sea.The transportation ofvegetables require the use ofrefrigerated containerRISK FACTORS RELATED TO PACKINGAND STORAGE.Livestock transport isthe most injurious andstressful when operating itbetween slaughterhouse andfarm and this may contributeto loss of production and poorwelfare of the animals..The transportation ofVegetable is very complicated.Different Vegetables and Fruitrequire various requirementsfor the purpose of safepreservation (Chowdhury, A.,
End of preview
Want to access all the pages? Upload your documents or become a member.