Published on International Business (https://www.foreigntrade.iisuniv.ac.in)

Home > Basics of International Trade

Basics of International Trade [1]

Paper Code: 
IBG 117
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The objective of the course is to impart knowledge with regards to the elementary concepts of International business, which form the foundation of the course.

 

9.00
Unit I: 
Unit 1

Introduction to International Trade: Concepts, Characteristics, advantages, Theories (Absolute Cost Advantage and Comparative Cost Advantage, Hecksler- Ohlin Theory)

9.00
Unit II: 
Unit 2

Balance of Payments: Concept ,components Difference between Balance of Payments & Balance of Trade, Causes of disequilibria, rectification of disequilibria, Importance 

9.00
Unit III: 
Unit 3

Instruments of Foreign Trade Policy: Tariffs and non tariff barriers -Classification, Types, purpose, Reasons for imposing tariff and non tariff barriers. Benefits 

9.00
Unit IV: 
Unit 4

Dumping: Kinds and essential condition for dumping, its effects, Anti-dumping measures

9.00
Unit V: 
Unit 5

Exchange Cntrol: Meaning and features, Purposes, Methods, Merits, Demerits & Control in India.

Case studies related to entire topics are to be taught.

 

Essential Readings: 
  • P Subba Rao : International Business(Text and Cases) , Edition 4,  Himalya Publication House, Mumbai
  • S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.

 

References: 
  • Thakur & Mishra : International Business- Concepts and Techniques, Deep & Deep Publications Pvt. Ltd.
  • Varshney R.L. and Bhattacharya: International Marketing Management, Sultan Chand, 2003
  • Ashwatthapa: International Business, TATA McGraw-Hill Education

 

ACADEMIC YEAR: 
2017-2018 [2]

Follow International Business on:

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India Phone:- +91-141-2400160-61, 2397906-07, Fax: 2395494, 2781158

Source URL: https://www.foreigntrade.iisuniv.ac.in/courses/subjects/basics-international-trade-4

Links:
[1] https://www.foreigntrade.iisuniv.ac.in/courses/subjects/basics-international-trade-4
[2] https://www.foreigntrade.iisuniv.ac.in/academic-year/2017-2018