EXPORT MARKETING

It is a driving factor in export marketing that deals on progressive improvement in the unit value of realization.

• Bulk Selling

• Economic Growth

• Rate of Profit

• Sales and production stability

International market is more difficult and complicated than domestic marketing.

• TRUE

• FALSE

• SOMEWHAT TRUE

• SOMEWHAT FALSE

Which of the following is not an important benefit of international marketing?

• Lowers prices

• Increases the real income and national well-being

• Presence of good domestic market

• Reduces dangers of monopolistic exploitation

It refers to a custom duty or a tax on products that move across borders.

• Tariff

• Non-tariff

• Ad-valorem Duty

• Quota

WTO stands for _____.

• World Trade Office

• World Trade Organization

• World Trading Organization

• World Tariff Organization

Which of the following is not a function of WTO?

• Administration of agreement

• Implementation of reduction of trade barriers

• Collect export obligation

• Examine members' trade policies

It is the most comprehensive multilateral agreement on intellectual property (IP). It plays a central role in facilitating trade in knowledge and creativity, in resolving trade disputes over IP, and in assuring WTO members the latitude to achieve their domestic policy objectives.

• Trade-Related Aspects of Intellectual Property Rights (TRIPS)

• General Agreements on Trade in Services

• Marketing Development Assistance (MDA)

• Market Access Initiative (MAI)

It was created to regulate and liberalize world trade by reducing tariff barriers.

• TRIPS

• WTO

• GATT

It deals on the permitted number of import quantity of a commodity from various countries during a given period of time.

• Sate Trading

• Quota System

• Export Obligation

• Preferential Arrangements

Export trade hinders the call for more production and employment.

• True

• False

• Maybe

• Cannot be determined