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International Trade [1]

Paper Code: 
FSG 617
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To give exposure to the procedures and documents involved in International Trade (Export – Import) activities

9.00
Unit I: 

International Trade- Concepts, Characteristics, Advantages and Disadvantages of International Trade.

Globalisation : Meaning, drivers of globalization, essential condition, effects and challenges.

9.00
Unit II: 

Theories of International Trade- Absolute cost advantage and comparative cost advantages and Heckscher-ohlin theory, Product Life cycle theory

9.00
Unit III: 

Free trade vs Protection- Trade Barriers- Objectives, types (Tariff and Non-Tariff)

Dumping - Kinds of dumping, its effect and Anti dumping measures.

9.00
Unit IV: 

Regional Economic Blocks- Organization, structure and Functions of  SAARC, ASEAN and EU, NAFTA

9.00
Unit V: 

MNC’s: Importance, benefit and problems, MNC’s in India, difference between multinational, transnational and globalized companies.

India’s Foreign Trade- volume, Direction and Composition, current foreign trade policy, export promotion

Essential Readings: 

• Economics: M.C. Vaish, Sudama Singh (Oxford and IBH Publisher)
• International Business: R. Chandaran, Jaico Publishing House, Delhi
•

References: 

International International Finance and Foreign Trade: S.K. Mathur (Shivam Publication, Jaipur)

Academic Year: 
2018-2019 [2]

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Source URL: https://finance.iisuniv.ac.in/courses/subjects/international-trade

Links:
[1] https://finance.iisuniv.ac.in/courses/subjects/international-trade
[2] https://finance.iisuniv.ac.in/academic-year/2018-2019