Ranchi University, Jharkhand, General Semester 5, International Trade Syllabus

                                                                                                                      International Trade 

Unit I:
1. Introduction to International Trade: Meaning, Definition, Objective, Functions and Reasons
2. International Business Environment: National and foreign environments and their components , recent trends in world trends in world trade in goods and services; Trends in India’s foreign trade.

Unit II:
1. Theories of International Trade; WTO – Its objectives, principles, functioning; An overview of other organizations – UNCTAD, World Bank and IMF;

2. Balance of payment and Terms of Trade.

Unit III:
1. International Financial Environment: International financial system and institutions; Foreign exchange markets, Forward Market ; Rate, Long and Short forward position, forward premium

2. Foreign investments – types and flows; Foreign investment in Indian perspective.

Unit IV:
1. Foreign Direct Investment – Need, Impact and Indian Policies for FDI
2. Developments and Issues in International Business ; Role of IT in international business; International business and ecological considerations.; Outsourcing and its impact