Course Title: FOREIGN TRADE
BLOCK I: FOUNDATION OF FOREIGN TRADE
unit 1
Meaning and concepts of Foreign Trade
Characteristics of international trade or foreign trade
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Advantages and disadvantages of foreign trade
Drivers of international business
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Reasons for foreign trade
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unit 2 Domestic Trade Vs Foreign Trade
unit 3 Entry mode in IB (Contract, Branch, Joint Venture, Turn Key, Subsidiary)
BLOCK II: THEORETICAL BASE
unit 1 Theories of International Trade (2 Theories)
unit 2 Balance of Trade (Meaning, requirements, Balancing the account-brief idea)
unit 3 International Economic Institutions (Role of IMF, World Bank, ADB in Foreign Trade)
BLOCK III: FUNCTIONAL ASPECT
unit 1 Marketing (Product, Place, Price, Promotion)
unit 2 Finance (Foreign Exchange, Convertibility)
unit 3 Human Resource (Recruitment, Cross –culture)
unit 4 Logistics (Documentation, DGFT functions)
BLOCK IV: GLOBAL INTEGRATION
unit 1 Regional Economic Integration ( SAARC, ASEAN, EC,NAFTA)
unit 2 MNCs and LDCs
unit 3 WTO
unit 4 IPR
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