Topics
Introduction of Commerce and Business
Trade
- Concept of Trade
- Internal Trade
- Wholesale Trade
- Retail Trade
- Types of Retailers> Itinerant Retailers
- Types of Retailers> Fixed Shop Retailer
- Small Scale Fixed Retailer
- Large Scale Fixed Retailers
- Departmental Stores
- Super Market Shop
- Chain Stores or Multiple Shops
- One Price Shop
- Concept of Mall
- International Trade
- Export Trade
- Procedure of Export Trade
- Import Trade
- Procedure of Import Trade
- Entrepot Trade
- Comparison of Different Types of Retailers and Trade Practices
Small Scale Industry and Business
Forms of Business Organisation - 1
- Private Sector Organisations
- Sole Trading Concern
- Partnership Firm
- Types of Partners
- Types of Partnerships Firms
- Hindu Undivided Family Business Or Joint Hindu Family Business
- Co-operative Society
- Types of Cooperative Societies
- Joint Stock Company
- Amul: A Successful Co-operative Movement in India
- Private Limited Company
- Public Limited Company
- Comparison of Different Forms of Business Organization
Forms of Business Organisation - 2
Institutes Supporting Business
Business Environment
- Concept of Business Environment
- Importance of Business Environment
- Dimensions of Business Environment
- Internal Factors
- External Factors> Natural Environment
- External Factors> Social Environment
- External Factors> Political Environment
- External Factors> Economic Environment
- External Factors> Technological Environment
- External Factors> Legal Environment
- New Economic Policy and Business
- Liberalisation
- Privatisation
- Globalisation
- Impact of New Economic Policy on Business
Introduction to Management
- Introduction
- Advantages
- Disadvantages
- Real-Life Application
- Key Summary Point
Maharashtra State Board: Class 11
Introduction
Export trade refers to the process of selling goods and services from one country to another. It is an important part of international trade and helps countries earn money (foreign exchange) by selling their products abroad.
Maharashtra State Board: Class 11
Advantages
- Brings foreign currency.
- Increases income and employment.
- Expands business opportunities.
- Promotes technology and process improvement.
Maharashtra State Board: Class 11
Disadvantages
- Strict customs regulations.
- Currency fluctuation risk.
- Language and legal barriers.
- Risk of delayed or defaulted payments.
Maharashtra State Board: Class 11
Real-Life Application
India exports spices, textiles, and tea to the UK and the USA, gaining valuable foreign exchange and strengthening economic ties.
Maharashtra State Board: Class 11
Key Point Summary
- Export trade involves sending goods/services to foreign countries.
- Brings numerous economic benefits but involves some risk.
- Understanding the process helps businesses expand globally.
Test Yourself
Related QuestionsVIEW ALL [19]
Study the following case/situation and express your opinion.
| Anurag is selling goods to Japan Kavita is buying goods from USA where as Ganesh is buying raw material from South Africa and after processing it sells finished goods to Malaysia. |
Who is exporter?
