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

Home > Introduction to International Trade

Introduction to International Trade [1]

Paper Code: 
FTM 101
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 foreign trade management, which forms the foundation of the course.

Unit I: 

International Trade:
Concepts, Characteristics, Advantages, Theories (Absolute Cost advantage and Comparative Cost advantage, Heckscher- Ohlin Theory)

Balance of Payments:
Concept, Components, Difference between Balance of Payments & Balance of Trade, Causes of disequilibria, Rectification of disequilibria, Importance

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

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

Exchange control:
Meaning and features, Purposes, Methods

Essential Readings: 

Essential Readings:

  1. P Subba Rao : International Business , Himalayan Publications.
  2. Mathur S K : International Finance and Trade.
  3. Jeevanandam C : Foreign Exchange and Risk Management.

 

ACADEMIC YEAR: 
2016-2017 [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/introduction-international-trade-2

Links:
[1] https://www.foreigntrade.iisuniv.ac.in/courses/subjects/introduction-international-trade-2
[2] https://www.foreigntrade.iisuniv.ac.in/academic-year/2016-2017