Basics of India's Foreign Trade

Paper Code: 
FTM 102
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
70.00
8.00
Unit I: 
India’s foreign trade:

Trends in exports: Volume & Composition of India’s foreign trade, Direction of India’s foreign trade

10.00
Unit II: 
Export Promotion Organization

Need of Export Promotion, Role and Objectives of Export promotion councils (EPCs), Commodity boards (CBs), Export Inspection councils (EICs), Indian Trade Promotion Organizations (ITPO), Indian institute of foreign trade (IIFT), Indian institute of packaging (IIP), Indian council of Arbitration (ICA), federation of Indian export organization (FIEO), Export processing Zones(EPZ), Export-oriented units(EOU), Special economic Zones(SEZ)

Unit III: 
Globalization

Drivers of Globalization, Globalization of markets, Globalization of production, Globalization of investment, Globalization of technology.

Unit IV: 
Foreign Investments:

Types of Foreign Investment, Foreign Portfolio Investment, Foreign Direct Investment - Meaning, forms of FDI, factors influencing FDI, Reasons for FDI, Costs and benefits of FDI.

Unit V: 
Trade Prospects of Different Commodities of India:

Handicraft, Gems & Jewelry, Textile
Organic Food, Plastic Products, Herbal Medicine

Essential Readings: 

1. India’s Foreign Trade: IGNOU Module , IBO – 03.

2. Jain & Singh, Modern International Business, Regal Publications 2007, New Delhi.

References: 

1. P. Subba Rao : International Business.

2. Thakur & Mishra : International Business.

ACADEMIC YEAR: 
2019-2020
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