Course No. 602 INTERNATIONAL BUSINESS (INBU
XXII) - NEW COURSE
Marks: 80 Hours: 40
Objective:
The objective of this course is to acquaint students with International
Business with reference to Indian Foreign Trade and Policy.
Course
Contents:
UNIT-I:
India’s Foreign Trade: Trends and Developments; Commodity composition and
direction; India’s Foreign Trade in global context. 20: 10 hrs
UNIT-II:
Foreign Trade Policy and control in India: Policy making body and Institutions;
Exchange control in India – objectives and definition. 20: 10 hrs
UNIT-III:
Import Substitution and Export Promotion Policies: Export Incentives-duty
exemption schemes, EPCG, duty draw backs; Role of Commercial Banks in foreign
trade; Deferred payment system; Exim Bank; Export credit insurance and ECGC. 20: 10 hrs
UNIT-IV:
Infrastructure Support for Export Promotion: Export Promotion Councils;
Commodity boards/ product export development authorities; Specific service
institutions; State trading organizations; Export and Trading Houses.; Export
Processing Zones/Special Economic Zone (EPZ/SEZ); Export Oriented units (EOUs).
20: 10 hrs
Text
and Reference Books:
1.
Verma M.L.: Foreign Trade Management in India; Vikas Publishing House, New
Delhi.
2.
Bhashyam S: Export Promotion in India – The Institutional Infrastructure;
Commonwealth Public , New Delhi.
3.
Chaudhuri B.K.: Finance of Foreign Trade Foreign Exchange; Himalaya
Publication, New Delhi.
4.
Mahajan V.S.: India’s Foreign Trade and Balance of Payments; Deep & Deep
Publications, New Delhi.
5.
Export-Import Policy; 1997-2001; ministry of Commerce, Government of India, New
Delhi.
6.
Varma: International Business, Pearson, New Delhi.
7.
Sharan: International Business: Concept, Environment and Strategy, Pearson, New
Delhi
OLD COURSE SYLLABUS
Total Marks: 100 (End Sem 80 + IA 20)
Unit-1: India’s Foreign Trade: Trends and Developments;
commodity composition and direction; India’s Foreign trade in global
context. (Marks: 16, 9 Hours)
Unit-2: Foreign trade Policy and Control in India:
Policy Making body and Institutions; Exchange control in India – Objectives and
definitions. (Marks: 16, 9 Hours)
Unit-3: Import Substitution and Export Promotion
Policies: Export Incentives-duty exemption schemes, EPCG, duty drawbacks, Role
of Commercial Banks in foreign trade, deferred payment system; Exim Bank;
Export credit insurance and ECGC. (Marks:
16, 9 Hours)
Unit-4: Infrastructure support for Export Promotions:
Export Promotion councils; Commodity boards/ Product export development
authorities; specific service institutions; state trading organisations; Export
and Trading Houses; Export Processing Zones/Special Economic Zone (EPZ/SEZ);
Export Oriented units (EOUs). (Marks:
16, 9 Hours)
Unit-5: Foreign Investment Policy: Indian Joint venture
abroad; Multilateralism and Bilateralism in India’s foreign trade. (Marks: 16, 9 Hours)
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