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Foreign Trade Promotion: Incentives and Organizational Support There are various incentives and schemes to help and promote exports in the country. The government also has setup many organizations to provide necessary infrastructure support, managerial and marketing support to organization involved in foreign business. Major foreign trade promotion schemes are discussed …
https://www.toppr.com/guides/business-studies/international-business/foreign-trade-promotions-incentives-and-organizational-support/
Foreign trade leads to division of labour and specialisation at the global level. There is no shortage of labour in India. That is one of the reasons Indian government promotes and stimulates policies and schemes to expand the Foreign Trade. Let's see what measures does the government take to support Foreign Trade.
https://gradestack.com/Class-11th-Commerce/International-Business-/Organizational-Support/17629-3452-28798-study-wtw
Organizational Support In order to process foreign trade the government has setup various institutions. Some of these are: Department of Commerce: This comes under Ministry of Commerce and acts as the apex body which is responsible for country's external Trade activities. This Department of Commerce also frames the import and export policy of the country in general.
http://www.yourarticlelibrary.com/international-trade/organizations-for-international-trade-promotion/76930
viii. Networking with foreign trade promoting organizations . ix. Carrying out generic market promotion and marketing services . Types of Organizations for International Trade Promotion: International Trade Centre: The ITC is the focal point in the UN system for technical cooperation with developing countries in trade promotion.
https://bizfluent.com/list-7438733-organizations-promote-trade.html
Free trade permits nations to import and export without tariffs. The World Trade Organization, which works to facilitate the free trade of products and services with member countries around the globe, notes on its website that free trade is beneficial because it promotes job and economic growth and lowers the cost of living for consumers.
https://edurev.in/studytube/Foreign-Trade-Promotion--Organizational-Support-Fo/689dbbf3-da0c-479b-baf5-3d2880f2c0ff_t
Foreign Trade Promotion & Organizational Support - Foreign Investments, International Business B Com Notes EduRev notes for B Com is made by best teachers who …
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