International Trade and Finance

Paper Code: 
IBG 217
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
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: 
Unit 1

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: 
Unit 2

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

9.00
Unit III: 
Unit 3

Regional Economic Integration: Concept, NAFTA, SAARC, OPEC, ASEAN, European Union

9.00
Unit IV: 
Unit 4

International Payment System: Features, Need, Methods- Telegraphic Transfers, Mai Transfers, Banker’s Drafts, Personal Cheque, Traveler’s Cheque, Bills of Exchange,  Letter of Credit, other means of International Payments. 

9.00
Unit V: 
Unit 5

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.

* Case studies related to entire topics are to be taught.

 

Essential Readings: 
  • S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.
  • Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing Company Limited, new Delhi

 

References: 
  • P Subba Rao : International Business(Text and Cases) , Edition 4,  Himalya Publication House, Mumbai
  • Thakur & Mishra : International Business- Concepts and Techniques, Deep & Deep Publications Pvt. Ltd.

 

ACADEMIC YEAR: 
2017-2018
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