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1. What is the primary focus of the introductory topic on ‘Why Export?’

Admin May 18, 2024

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Question 1 of 5

1. Question
1. What is the primary focus of the introductory topic on ‘Why Export?’
- Knowing your products, industry, and business
- Understanding global trade laws
- Learning foreign languages
- Financial accounting for businesses
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Question 2 of 5

2. Question
Which of the following is emphasized as necessary before delving into the import-export processes?
- Having a detailed marketing strategy
- Understanding the product portfolio
- Securing a financial loan
- Learning a foreign language
- None of the above
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Question 3 of 5

3. Question
True or False: The video explains the export cycle from the exporter’s stage to the final stage of importing with a practical example.
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Question 4 of 5

4. Question
How can one gain maximum benefits from India’s geographical location in export-import activities?
- By reducing production costs
- By focusing on domestic sales
- By investing in local infrastructure
- By leveraging the strategic location for trade routes
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Question 5 of 5

5. Question
Why is it important to understand India’s commodity-wise import-export revenues and global ranking?
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- To leverage India's geographical location and available resources
- To focus on reducing imports
- To enhance local business strategies
- To increase domestic consumption
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