1. Course-305<br />International Business<br />Unit-INature and Scope of International Business, types of international business, importance of international business, growing relevance of international Business.<br />Unit-IIIntroduction of International Trade, Meaning and Need of International Trade, Difference between Domestic and international Trade, Need for separate theory of International Trade, Theories of International Trade, Gains from international Trade/Foreign Trade.<br />Unit-IIIGovernment influence on trade:- Free Trade v/s protectionism, Balance of payment, Current Account and Capital Account, Disequilibrium in Balance of Payment, Its causes, consequences and cures.<br />Unit-IVInternational Economic Institutions:- IMF, World Bank, WTO<br />Unit-VForeign Exchange Market:- meaning and need, functions, Financing Foreign Trade:- payment terms:- Letter of Credit, Documents:- Bill of lading, Commercial Invoice.<br />Suggested Readings:<br />International Trade, Francis Cherunilam (Tata McGraw Hill)<br />International Business, Francis Cherunilam (PHI)<br />International Trade, Raj Agarwal (Excel Publications)<br />International Business, V. Sharan, Pearson Education)<br />