1) It is one of the simplest routes to entering global trade, and import and export generate huge employment opportunities.


2) Requires less investment in terms of time and money when contrasted with other methods of entering into the global trade.


3) Is comparatively less risky when compared with different routes of entering international business.


4) As no nation can be 100% self-sufficient, import and export are very crucial for the functioning and growth of that nation.


5) Can help countries access the best technologies and products and services in the world.


6) It gives better control over the trade than setting up a market, and the risk is considerably low.

How to check honey purity with simple tests

There are several simple tests you can perform to check the purity of honey:

Water Test: Take a glass of water and add a spoonful of honey to it. Pure honey will settle at the bottom of the glass and stay intact while adulterated honey will dissolve in water or form a cloud-like residue.

Thumb Test: Take a few drops of honey on your thumb and observe its stickiness. If the honey is pure, it will stick to your thumb and not easily drop off. However, adulterated honey may slip away quickly.


Flame Test: Dip a cotton wick into the honey and light it up with a matchstick. Pure honey will not ignite easily and will burn slowly, producing a small flame that goes off quickly. On the other hand, impure honey will ignite easily, produce a strong flame, and smell like burnt sugar.

Paper Test: Drop a few drops of honey on a piece of white paper and observe them for a few minutes. Pure honey will not get absorbed by the paper, while adulterated honey will leave stains on the paper.

By performing these simple tests, you can determine the purity of honey before consuming it

In the import-export business, a positive attitude and patience are essential

1) We need to understand buyer requirements properly and ensure that products which we are delivering is the best match for the buyer's end requirements.

2) There are different time zones, cultures, and language barriers you need to understand and act upon accordingly. To have a healthy business, you must overcome the challenge of providing the best products to end users.

3) With a positive attitude, you not only overcome the aforementioned obstacles, but you also provide appropriate, high-quality services. products to buyers and creating a win-win situation for both buyers and sellers. This will also help boost global trade.
This approach will aid in the growth of the global economy, the exchange of cultures, the establishment of peace on the planet, and the overall creation of good for humans and the beautification of the planet.

Incoterms and basic guidelines

We need to understand buyer requirements properly and ensure that products which we are delivering is the best match for the buyer's end requirements.

The use of Incoterms in international trade is a widespread phenomenon, and disputes frequently arise due to confusion concerning them.

Prior to inserting an Incoterm into a contract, it is essential for the parties to make sure that the Incoterm meets all their expectations and needs regarding the following issues:

1) Is transport to be made by sea/inland waterway means or not?

2) Who should bear the majority of the risk of loss/damage to the goods the seller or the buyer? At what point in time in the delivery to the place of destination should risk be shifted from the seller onto the buyer?

3) Is there a need to use the services of a carrier? If so, who should have an obligation to conclude a contract of carriage – the seller or the buyer? Should the seller be responsible for the unloading of the goods?

4) Is there a need to subscribe an insurance contract?

Incoterms:

FOB (Free on Board)
FCA (Free Carrier)
EXW (Ex Works)
FAS (Free Alongside Ship)
DAP (Delivered at Place)
DAT (Delivered at Terminal)
CIF (Cost, Insurance and Freight)
CIP (Carriage and Insurance Paid to)