INTERNATIONAL TRADE & FINANCE

Paper Code: 
IBG-217
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcome (COs):

               Course Outcomes

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to:

CO 73: To provide an overview of Export financial system.

CO 74: To familiarize students with different financial markets.

CO 75: To impart the knowledge of Foreign Exchange risk.

CO 76: To familiarize students with the different International financial agencies.

CO 77: To appraise students with the Export promotion schemes.

 

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments.

 

Learning activities for the students:

Self-learning assignments, Effective questions,

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

9.00
Unit I: 
Foreign Exchange Market-

Meaning, Features, Participants, Functions, Types of transactions-Spot, Forward, Swaps; Quotations in interbank markets-Two way quotations, Cross rates, Direct & Indirect quotes, American & European quotations

 

9.00
Unit II: 
Foreign Exchange Rate:

Meaning, Types- Fixed Vs. Flexible, Spot Vs. Forward, Favorable Vs. Unfavorable; Theories of Exchange Rate- PPP Theory, BoP Theory.

 

9.00
Unit III: 
Trading Environment: Trading Environment:

 Free Trade-Meaning, Advantages, Disadvantages.

Protection- Meaning, Arguments for Protection, Protective devices.

 

9.00
Unit IV: 
Regional Economic Integration:

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

 

9.00
Unit V: 
International Payment System:

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

Essential Readings: 
  • S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.
  • C Jeevanandan, Foreign Exchange & Risk Management, Sultan Chand & Sons

 

References: 

SUGGESTED READINGS:

  • P Subba Rao : International Business(Text and Cases) , Edition 4,  Himalya Publication House, Mumbai
  • Avadhani,V.A,” International Finance, Theory and Practice”, Himalaya Publishing Company, New Delhi.

E-RESOURCES:

JOURNALS:

 

 

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