International Trade and Finance

International Trade-
Basis of International Trade - Foreign Trade and Economic Growth –
Balance of Trade – Balance of Payment – Barriers to International Trade –
Indian EXIM Policy.

Export and Import Finance: Special need for Finance in International
Trade – INCO Terms (FOB, CIF, etc.,) – Payment Terms – Letters of
Credit- International Norms and Conventions-Types of Letters of Credit-
Parties to a Letter of Credit ,Letter of credit Facility-Letter of Credit
Discounting- Bill Discounting- Margins and settlement- Pre Shipment and
Post Shipment Finance , Forfeiting ,Deferred Payment Terms , EXIM
Bank ,ECGC and its schemes , Import Licensing , Financing methods for
import of Capital goods.

Foreign Exchange Markets ,Spot Prices and Forward Prices Factors
influencing Exchange rates , The effects of Exchange rates in Foreign
Trade , Tools for hedging against Exchange rate variations , Forward,
Futures and Currency swaps and options ,
FEMA Determination of Foreign Exchange rate and Forecasting – Law of
one price , PPP theory , Interest Rate Parity , Balance of Payment Theory.

Export Trade Documents: Financial Documents – Bill of Exchange
Type, Commercial Documents, Proforma, Commercial, Consular,
Customs, Legalized Invoice, Certificate of Origin Certificate Value,
Packing List, Weight Certificate, Certificate of Analysis and Quality,
Certificate of Inspection, Health certificate. Transport Documents, Bill of
Lading, Airway Bill, Postal Receipt, Multimodal Transport Document.
Risk Covering Document: Insurance Policy, Insurance Cover Note.
Official Document: Export Declaration Forms, GR Form, PP From, COD
Form, Softer Forms, Export Certification, GSPS,– UPCDC Norms.

Export Promotion Schemes – Government Organizations Promoting
Exports, Export Incentives: Duty Exemption, IT Concession, Marketing
Assistance, EPCG, DEPB, Advance License, Other efforts- Export
Promotion, EPZ , EQU, SEZ, and Export House.