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Education evolves continuously to keep up with changing knowledge and new teaching methods. As subjects grow and develop, it becomes necessary to update the curriculum. In line with the New Education...

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Import Export Management
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Education evolves continuously to keep up with changing knowledge and new teaching methods. As subjects grow and develop, it becomes necessary to update the curriculum. In line with the New Education Policy 2020, Kavayitri Bahinabai Chaudhari North Maharashtra University has introduced a revised syllabus for Second-year Master of Commerce students.
To support this change, we have prepared updated learning resources to help students in their studies. We are pleased to present the textbook “Import Export Management,” specially designed for S.Y.M.Com students. This book follows a self-learning approach, making it easy to understand. It also includes exam questions from NMU and other universities to assist students in their exam preparation.
We sincerely thank our family members, Respected Principal Prof. Arvind Chaudhari, Prof. Anil P. Dongre, Professor & Dean, Faculty of Commerce & Management, KBCNMU, Prashant Publications, Shri Rangrao Patil, and their dedicated team for their valuable support. We also extend our heartfelt appreciation to Shri Sadashiv Laxman Patil for his constant encouragement.
We welcome suggestions from readers to further improve this book.
With best regards,

1. Introduction to Import-Export Management…………………….7
1. Introduction
2. Overview of Import-Export Management
3. Importance of International Trade in the Global Economy
4. Leading Players and Organizations in Import-Export Operations
5. International Trade Agreements and Their Impact on Global Business
2. Export Procedure and Documentation…………………………….32
1. Introduction
2. Export Documentation and Compliance Requirements
3. Export Pricing and Terms of Trade
4. Export Licensing and Regulatory Considerations
5. Export Finance and Payment Methods
3. Import Procedure and Documentation……………………………………. 61
1. Introduction
2. Import Documentation and Compliance Requirements
3. Import Custom Clearance Processes
4. Import Duties, Taxes, and Tariffs
5. Import Financing and Payment Methods
4. International Logistics and Supply Chain Management…..81
1. Introduction
2. International Transportation Modes and Selection
3. Freight Forwarding and Shipping Procedure
4. Warehousing and Inventory Management in Global Trade
5. Supply Chain Coordination and Optimisation

5. International Trade Negotiation and Communication………….. 106
1. Introduction
2. Negotiation Techniques for International Business Transactions
3. Cultural Considerations in International Trade
4. Effective Communication Strategies in Cross-Cultural Contexts
6. Risk Management in Import-Export Operations…………… 119
1. Introduction
2. Risk Assessment and Mitigation Strategies
3. Insurance and Documentation for Risk Management
4. Currency and Exchange Rate Risks in International Trade
References………………………………………………………………………..137

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