INDIA’S FOREIGN TRADE POLICY

Paper Code: 
CFTM 304
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;

CO21: Understand the changing composition of global trade in goods and services and analyze the factors influencing these changes.

CO22: Learn the importance of designing global organizational structures and implementing effective control mechanisms in multinational companies.

CO23: Develop knowledge and skills related to export and import documentation

CO24: Analyze the policies and trends related to India's foreign trade and their impact on businesses operating in the international market.

CO25: Develop an understanding of multicultural management and its significance in managing diverse workforces in international business settings.

 

Approach in teaching:

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

Learning activities for the students:

Self learning assignments, Effective questions, Giving tasks

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

 

 

 
 

 

12.00
Unit I: 
India’s Foreign Trade

International Business Environment: Changing composition of trade in goods and services, Volume & Direction of India’s foreign trade

India’s Foreign Trade: Policy and trends; Financing of International trade; Regional Economic Cooperation; FTAs; Internationalization of service firms; International production; Operation Management in International companies; International Taxation.

 

12.00
Unit II: 
Global Business Management and Strategy

Global competitiveness and technological developments; Global e-Business; Designing global organizational structure and control; Multicultural management; Global business strategy; Global marketing strategies.

 

12.00
Unit III: 
Export & Import Management

Export Management; Export- Import procedures; Joint Ventures; Foreign Investment: Foreign direct investment and foreign portfolio investment.

 

12.00
Unit IV: 
Foreign Exchange

Cross-border Mergers and Acquisitions; Foreign Exchange Risk Exposure Management; World Financial Markets and International Banking; External Debt Management; Country Risk Analysis.

 

12.00
Unit V: 
India’s Political Relations

Geo-political and Strategic development in South Asia, South East Asia, and West Asia and their impact on India.

 

Essential Readings: 
  • P Subba Rao: International Business (Text and Cases), Edition 4, Himalya Publication House, Mumbai.
  • Jain & Singh, Modern International Business, Regal Publications 2021, New Delhi.

 

References: 

Reference Books:

  • India’s Foreign Trade: IGNOU Module, IBO – 03.
  • Thakur & Mishra : International Business: Concepts And Techniques, Deep & Deep Publications

E-RESOURCES:

JOURNALS:

  • Foreign trade review
  • International trade journal

 

 

Academic Year: 
2023-2024
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