BA IN FOREIGN TRADE & PRACTICE

BA IN FOREIGN TRADE & PRACTICE

I Trends in world trade
(a) Growth
(b) Volumes
(c) Composition
(d) Direction
(e) Trade in services
(f) Intra-industry trade
II Trending Environment
(a) Economic Environment and its components
(b) WTO and Trading Environment
(c) Barriers to trade (tariff and non-tariff)
(d) Regionalisation of trading environment
(e) Growing importance of MNC’s
III Regional economic groupings among developed and developing
Countries
(a) Theories of economic integration, trade diversion, trade creation,
welfare effects of trade

IV Commercial policies of developed and developing countries
(a) Instruments of commercial policies, tarriff and non-tarriff barriers
(b) Commercial policies in the context of inward and outward
oriented policies
(c) Role of commercial policies in international trade relations
V (a) International institutions of trade: UNCTAD and WTO
(b) WTO and Trading environment
(c) International commodity agreements under UNCTAD

Unit-I
(a) Documentation framework: Export and import documents
(b) International business contracts: types, formation,
elements, legal dimensions and dispute settlement
Unit-II
(a) Foreign exchange regulations and formalities
(b) Quality control and pre-shipment inspection -
concept, schemes and procedures.
PART B - Logistics
Unit-III
1. Marketing and Logistic System
Concepts, objectives and scope
2. International shipping and air transport
Freight structure and practices