1. Distinguish between Domestic Sales Contract and Export Sales Contract. Explain various international contract terms. (8+12)

2. What are the objectives of exchange control? Discuss the foreign exchange regulation concerning exports. (6+14)

3. Explain various types of losses under cargo insurance with examples. (20)

4. Comment on the following statements.

a) Export documents do not have legal perspective.

b) Advance payments is not free from any kind of credit or transfer risks from the exporter’s point of view.

c) For bulk cargo market, demand frequently changes.

d) Export promotion has not assumed critical importance in Indian economy. (4X5)

5. Write notes on the following :

a) Methods of disputes settlement

b) Documents Against Acceptance

c) Responsibilities of Insured

d) India Trade Promotion Organisation (4X5)