International Business and Finance

Paper Code: 
FSG 322
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

To acquaint students with the theory of Foreign exchange market and transactions

20.00
Unit I: 
Globalization of Indian Business:

 India – An Emerging Market, India in Global Trade, Liberalization and Integration  with the Global Economy, Obstacles to Globalization, factors favouring globalization.

15.00
Unit II: 
International Monetary System And Foreign Exchange Market:

  The Bretton Woods System and emergence of managed floating, EMS, ECU and Euro, Determination of exchange rates(Purchasing Power Parity Theory & Balance of Payment Theory), Exchange control, Exchange rate classifications

15.00

International Financial Market- meaning, Instruments (Euro Notes, Euro Commercial Papers, Medium of notes, Floating Rate Notes Euro Bonds, GDRs, ADRs, Repo)

Exchange Risk Management:- Introduction, Types of Risk, Risk in Foreign Exchange, Recent trends of FEMA.

20.00
Unit IV: 
The Balance ofPayments:

 Introduction,  Balance of Payment Accounts Of India, Components of BOP, Balance of Payment Vs. Balance of Trade (BOT), Disequilibrium of BOP, Measures to control BOP.

20.00

IMF & World Bank-Objectives, Roles, Achievements, Recent developments, Progress  and Criticism

World Trade Organization :Introduction  TRIMs, TRIPs, IPRs, Patents, , WTO and India and its evaluation

Essential Readings: 
  • Avadhani,V.A,” International Finance, Theory and Practice”, Himalaya Publishing Company, New Delhi.
  • S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.
  • Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing Company Limited, new Delhi
  • Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, new Delhi
  • Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.
References: 
  • Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.
  • Wood, D. and J Byrne: International Business Finance, Macmillan, New York.
  • Sodersten B, “International Economics”, Macmillan, London.
  • Dominick, “ International Economics”, Macmillan Publication Company, New York.
  • Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing House, Mumbai
  • Seth M.L.,” Money, Banking, international Trade and Public finance”, Lakshmi Narain Agarwal Educational Publisher, Arga.
Academic Year: 
2016-2017
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