The book “Foreign Trade of India” as an academic course volume portrays a global outlook in the milieu of international trade and commerce. This subject facilitates the students to broaden their perspective in terms of foreign trade and provide them with insights into evolutionary and revolutionary changes in the context of trade and commerce at a global level. The changing pattern of economic phases and business climate is making a huge impact on the world economy in general and the Indian economy in specific. The book is written with the objective of providing easy understanding to the students and other aspirants on several topics associated with the subject of foreign trade and its implications on the world in general and the Indian economy in particular. It unfolds diverse areas and sectors which influence international trade. The book briefs about cross-border investments, cultural and ethical issues of countries, export promoting organizations, foreign trade policies, the role of banks & financial institutions in international trade, etc.
New policies and phases in the context of the Indian economy have been an ongoing phenomenon that is highlighted in the book. The book depicts quality, clarity, and simplicity that would be valuable to self-learners and would prove as the in-depth source for the aspirants intending to make their career in foreign trade and international business. Relevant materials from several distinct sources have been assembled to prepare the manuscript. Moreover, it creates a better understanding of various policy reforms initiated both at the national and international levels.
Foreign Trade of India Book Syllabus For B.Com Sem-IV of Lucknow University
Unit I: Introduction: Trade it’s meaning and types. Difference between internal and international trade. Concept, assumptions, and criticism of International Trade Theories. India’s Internal Trade: Characteristics and Problems. Coastal trade. Terms of trade.
Unit II: Foreign Trade of India: Before independence, During the planning period, recent trends in India’s Foreign Trade. Major Items of Exports :
Composition, Direction and future prospects, Major Items of Imports: Composition, Direction, and future prospects.
Unit III: Free Trade and Protective trade policies, India’s major trading partners: USA, UK, China, and Japan. National Level Financing Institutions: EXIM Bank, ECGC and other institutions in the financing of foreign trade, STC, MMTC, SEZ, and EPZ. Export Promotions.
Unit IV: Recent World-trade Scenario, Recent changes in Foreign trade policy, Trade agreements–Bilateral and Multilateral Trade Agreements. GATT & UNCTAD, WTO. India’s Balance of Trade and Balance of Payments: Concept, Problems, Reasons for disequilibrium and Corrective Measures.
About the Author
Dr Neeta Vaydande, presently working with The Bhopal School of Social Sciences (An Autonomous Institute) as an Associate Professor, has completed 10 years of teaching. She is also associated with Prismane Consulting, Pune as a Sr. Consultant -Economics & Trade. She was connected with many colleges in Mumbai as a regular faculty, visiting faculty and guest faculty. She has done M.Phil from SNDT University, Mumbai and PhD from Savitribai Phule Pune University. With her wide teaching experience, she has managed to gather good command over the subject of foreign trade and international business. This is her third piece of work. She has already published a book titled “Business Development” as per the syllabus of the University of Mumbai and “Introduction to International Business” as per the syllabus of Lucknow University. She also has many National and International Publications to her accord.
Foreign Trade of India Book Contents
- Introduction to Foreign Trade
- International Trade Theories and Internal Trade
- India’s Foreign Trade: An analysis
- Trade Policies and Major Trading Partners
- National Level Financing Institutions
- Export Promotion
- Recent World Trade Scenario
- Bilateral and Multilateral Trade Agreements
- GATT, WTO and UNCTAD
- India’s Balance of Trade and Balance of Payment
Shivshadra verma –
Good