International Trade and Documentation — DU Bachelor of Management Studies Previous Year Question Papers

DISCIPLINE SPECIFIC ELECTIVE - GLOBAL BUSINESS MANAGEMENT (DSE-3) INTERNATIONAL TRADE AND DOCUMENTATION Credit distribution, Eligibility and Pre-requisites of the Course Course title & Code Credits Credit distribution of the Pre-requisite of the course criteria course Lecture Tutorial Practical/ International Trade and Documentation (DSE 3) 4 3 1 0 Class XII Understanding of international trade Learning Objective The objective of this course is to acquaint the learners with the basic concepts of international trade, India‘s foreign trade policies, export assistance and promotion measures and various aspects of importing. Learning Outcomes On successful completion of the course the learner will be able to: Understand the various theories of international trade, role of government in exchange control and tariff measures. Comprehend the current composition and direction of India’s foreign trade. Evaluate the different measures of export promotion adopted and various schemes launched by the government of India. Demonstrate the documentation process under international trade as well use of information technology in international business. SYLLABUS FOR DSE 3 Unit 1: Introduction to International Trade (9 Hours) Theories of International Trade- Absolute and comparative Advantage theories- Heckscher- Ohlin theory- terms of trade- theory of international trade in services, Tariffs- Quotas- dumping- Antidumping/ countervailing- duties- technical standards- exchange control and other non tariff measures Unit 2: India’s Foreign Trade (12 Hours) Composition and direction of India’s foreign trade- India‘s foreign trade policy- export promotion infrastructure and institutional set up – deemed exports- rupee convertibility- policy on foreign collaborations and counter trade arrangements- India‘s joint ventures abroad- project and consulting exports; Balance of Payments. Unit 3: Export Assistance in India (12 Hours) Export assistance and promotion measures- ECGC- import facility- duty drawback- duty exemption schemes- tax concessions- MAI-MDA-100 percent EOUs SEZs, Export Promotion Councils (EPCS), Vishesh Krishi and Gram Udyog Yojana (Special Agriculture and Village Industry Scheme (VYGUY), Focus Market Schemes, Advance Authorisation scheme. Unit 4: International Documentation (12 Hours) Processing of an export order – methods of payment- negotiations of export bills- pre and post shipment export credit – Bank guarantees- types and characteristics of export documents, Procedure for procurement through imports- Import financing-customs clearance of imports-managing risks involved in importing, Information Technology in International Business - e procurement, e-marketing, e- logistics Essential/recommendation Readings (latest editions of readings to be used) 1. 2. Cherunilam, F. International Trade and Export Management. Himalaya Publishing House Agarwal, O.P. & Chaudhuri, B.K. Foreign Trade and Foreign Exchange. Himalaya Publishing