FOREIGN TRADE PRACTICE & PROCEDURE

Paper Code: 
CFTM 404
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course outcomes

 

Learning and teaching strategies

Assessment

Strategies

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

CO31: study the Instruments of import policy and the concepts related to imports substitution and restrictions.

CO32: gives knowledge on various types of Tariffs in international trade. CO33: provides clear picture about export promotion policies and its related concepts.

CO34: to gain knowledge on India’s foreign trade and its progress.

CO35: Understand the trade promotion institution and export concerns in India.

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Demonstration, Team teaching

Learning activities for the students:

Self learningZ assignments, Effective questions, Giving tasks

Continuous assessment test, Semester end examinations, Quiz, tutorials, Assignments, Presentation, Individual and group projects

 

 

 
 

 

12.00
Unit I: 
Instruments of Import Policy

Merchandise Trade in India – Meaning and Concept Explanation – Export Growth and Share in World Exports of Selected Countries – Export Finance – Imports.

Import Substitution, Import Restrictions

 

12.00
Unit II: 
Licensing

Types of Licensing – Canalized – Replenishment – Automatic – Advance and Additional License – Holding of License – Third Party – Exim Scripts – Conditions of License – Negative List

 

12.00
Unit III: 
Tariff

Types of Tariffs – Tariffs Rates – Bind Rates – Quantitative Restrictions – Anti Dumping – Countervailing Duties – FERA – FEMA.

12.00
Unit IV: 
Export Promotion

Export Promotion Policies – Export Led Growth And Export Support Growth – Review of Export Promotion Policies Since 1991 – EPCG Scheme - Duty Drawback - DE Passbook Scheme - Gem and Jewellery Promotion Scheme - Other Export Promotion Schemes - Export Promotion - Institutional Set Up – Export Houses, EPZ,FTZ,EHTP,STP,SEZ,AEZ, 100% E.O.U., Focus Market And Focus Product Scheme.

 

12.00
Unit V: 
Trade Promotion Institutions

S T C and other Trading Corporations – Export Councils– Commodity Boards – Development Authority (APEDA, MPEDA).

 

Essential Readings: 
  • Government of India, “ Ministry of Commerce and Industry “, Hand Book of Export – Import Procedures, Vol. 1, from 2002-2018.
  • Guha, Ashok, “Economics Liberalization, Indian Structure and Growth in India”, Oxford University Press, New Delhi,2016.
  • Jain, Nabhi Kumar, “How to Export “, Nabhi Publication,New Delhi, 2017.
  • Government of India, Economic Survey of different Years, 2000-2018,New Delhi, Ministry of Finance.

 

References: 

Suggested readings

  • Sultan, Jafar Ahmad, “Economic Reforms and India’s Foreign Trade”, Regal Publications, New Delhi, 2015.
  • Viramani, S.D., “Demand and Supply Factors in India’s Trade”, Economic and Political Weekly, Feb. 09, Vol. 26, 1991.
  • Mathur, Vibha, “Foreign Trade Policy and Trends in India”, New Century Publications, New Delhi,2014.
  • Murthy, Gautam, “International Trade and Economic co-operation”, New Century Publications, New Delhi,2016.
  • Government of India, Various Reports of the Ministry of Foreign Trade and Commerce, New Delhi

E-RESOURCES:

JOURNALS:

  • Foreign Trade Review, http:// sagepub.com
  • Journal of Global Information Management

 

 

Academic Year: 
2023-2024
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