International Trade and Finance

Paper Code: 
IBG 217
Credits: 
3
Contact Hours: 
45.00
Objective: 

The objective of the course is to impart knowledge with regards to the elementary concepts of International business, which form the foundation of the course.

9.00
Unit I: 
Foreign Exchange Rate

 Meaning, Types- Fixed Vs. Flexible, Spot Vs. Forward, Favorable Vs. Unfavorable, Arbitrage.Determination of Exchange rate, Theories of exchange rate- PPP theory, BoP Theory

9.00
Unit II: 
Trading Environment

Trade strategies, Agreement of free trade protection, methods of protection, commodity agreements, Cartels.

9.00
Unit III: 
Regional Economic Integration

Concept, NAFTA, SAARC, OPEC, ASEAN, European Union

9.00
Unit IV: 
International Payment Systems

Features, Need, Methods- Telegraphic Transfers, Mai Transfers, Banker's Drafts, Personal Cheque, Traveller's Cheque, Bills of Exchange, Letter of Credit, Other means of International Payments.

9.00
Unit V: 
United Nation Conference on Trade and Development(UNCTAD)

Introduction, Organization, Membership, Function, Principles and Achievement. Foreign Aid to India- Role, Impact of Foreign Aid on India's Economic Development and Problems of Foreign Aid

Essential Readings: 

• India Foreign Trade: IGNOU Module , IBO – 03
• Jain & Singh, Modern International Business, Regal Publications 2007, New Delhi.

References: 

• N.P. Subba Rao : International Business, Himalaya Publishing House, New Delhi.
• Thakur & Mishra : International Business, Concepts and Techniques, Deep and Deep Publications Pvt. Ltd.(1989)
• Parasram : Export: what, where and how, Anupam Publishers

Academic Year: 
2018-2019
  • Printer-friendly version
  • PDF version