Business Studies

The refund of excise duties paid on the export goods is known as ________.


ANSWER

duty drawbacks


SOLUTION
Duty drawback compensates or refunds exporters for the duties paid on inputs used to manufacture, the excise duties paid for the export of the products.
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 197
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
The marketing mix when applied to international market must __________.
  • A. be standardized throughout the global market
  • B. ignore the cultural and environmental variations between the different markets
  • C. take into account the cultural and environmental variations between the different markets
  • D. both (a) and (b)

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
It is used to collectively describe all commercial transactions i.e., private and governmental, sales investments, etc. that take place between two or more regions, countries and nations beyond their political boundary.
  • A. International business
  • B. Ordinary business
  • C. Government business
  • D. Political business

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
View that assumes that local managers in host countries know best how to run the operations is known as __________.
  • A. Ethnocentric attitude
  • B. Polycentric attitude
  • C. Geocentric attitude
  • D. International management.

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Which one of the following  has the least trade relations with India?
  • A. USA
  • B. Singapore
  • C. Malaysia
  • D. Egypt

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 TRUE/FALSE Medium
International trade takes place when buyers find foreign markets cheaper to buy in and sellers find them more profitable to dispose of their products than the domestic market.
  • A. True
  • B. False

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

View Answer