MBA351- International Business Environment L T P C

517 3 0 0 3

COURSE OBJECTIVE
To acquaint the students with emerging global trends in international business environment.

Course Contents
Unit 1
International Business: An overview, Business environment and nature ; Developments in
International Monetary Scene – International finance – Nature – Institutions involved.
Unit 2
Recent trends in world trade & foreign direct investment, Managing MNCs, International
Monetary Fund and International Bank for Reconstruction & Development, World Trade
Organisation, Regional blocks.
Unit 3
Balance of Payment Structure – Disequilibrium concept, IS/LM Model. Globalisation –
nature- advantage and disadvantages, Country risk analysis – Impact of globalization,
globalization and poverty
Unit 4
Forex Market- FEMA, FERA, Exchange rate determination, Exchange rate management,
Financial instruments, Policy of exchange control, Euro market, Off‐shore financial
centers. Export Marketing: Features, Importance, Motivations, Products, services and
procedure.

Unit 5
Documentary Credit Operations – Documentary collections, Advantages and disadvantages of
collection for exporters and importers, Letter of Credit, (UCPDC) & other methods of
international trade settlement.

Suggested readings:
1. Alworth, Julian S. The Finance, Investment and Taxation Decisions of Multinationals.
London, Basil Blackwell, 1988.
2. Bhalla, V.K. and S. Shivaramu. International Business Environment and Business. New Delhi,
Anmol, 1995.
3. Bhalla, V.K. International Economy: Liberalisation Process, New Delhi, Anmol, 1993.
4. Bhalla V.K. International Business Environment and Management – New Delhi: Anmol,
2000. ISBN 81‐261‐0438‐4.