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    This document outlines the course topics for BBA502 - International Trade and Business at Birla Institute of Technology in Ranchi, India. The course covers key concepts in international trade including theories of comparative cost and multinational corporations. It also examines international trade barriers, organizations like the WTO and IMF, India's foreign trade landscape, foreign exchange markets, and exchange rate systems. The required textbooks are listed.

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    Bba502 International Trade and Business

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    This document outlines the course topics for BBA502 - International Trade and Business at Birla Institute of Technology in Ranchi, India. The course covers key concepts in international trade including theories of comparative cost and multinational corporations. It also examines international trade barriers, organizations like the WTO and IMF, India's foreign trade landscape, foreign exchange markets, and exchange rate systems. The required textbooks are listed.

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    10 views1 page

    Bba502 International Trade and Business

    Uploaded by

    akshayaec
    This document outlines the course topics for BBA502 - International Trade and Business at Birla Institute of Technology in Ranchi, India. The course covers key concepts in international trade including theories of comparative cost and multinational corporations. It also examines international trade barriers, organizations like the WTO and IMF, India's foreign trade landscape, foreign exchange markets, and exchange rate systems. The required textbooks are listed.

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    BIRLA INSTITUTE OF TECHNOLOGY, RANCHI, INDIA DEPARTMENT OF MANAGEMENT

    BBA502 INTERNATIONAL TRADE AND BUSINESS


    1. International Trade: Concept, Importance, Benefits of International Trade, International Marketing versus Domestic Marketing (differences) 2. Theory of International Trade: Theory of Comparative Cost, Factor Proportion Theory 3. Multinational Corporations (MNCs): Definition, Role of MNCs in International Marketing, 4. International Trade Barriers: Meaning, Tariff and Non-Tariff Barriers, Impact of Non-Tariff Barriers 5. Organizations and Agreements: WTO (functions, principles, agreements), IMF (purposes, facilities provided by IMF), World Bank (purpose, principles/policies) 6. Foreign Trade of India: Organizational Setup (autonomous bodies, attached and subordinate offices), Major Exports and Imports, Concept of Export House, EXIM Policy (2002-2007) of India (features and objectives of the policy) 7. Foreign Exchange Market: Concept, Functions, Methods of International Payment, Concept of Balance of Payment.Concept of Fixed and Flexible Exchange Rate (concept)and Convertibility of Rupee
    Text Books: 1. Cherunillam, F., International Business (PHI: New Delhi) 2. Varshney,R.L. and Bhattacharya, B. International Marketing Management: An Indian perspective (Sultan Chand: New Delhi)

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