Foreign Trade of India

The most important salient feature of the book is that The Foreign Trade Policy, 2023 announced by the Government of India on 31st March, 2023 has been included in Chapter No. 10 “Recent Global Trade Scenario”

Foreign Trade of India Syllabus For B.Com. IVth Semester of Various Universities & For B.Com. (Hons.) Ist Semester of Lucknow University

Unit-I : Introduction : Trade its 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 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 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 and UNCTAD, WTO. India’s Balance of Trade and Balance of Payments : Concept, Problems, Reasons for disequilibrium and Corrective Measures.

Foreign Trade of India book Contents

1. Meaning And Nature Of Trade
2. Theories Of International Trade
3. Terms Of Trade
4. Internal Trade Of India
5. India’S Foreign Trade
6. Trade Policies : Free Trade Vs. Protection
7. India’S Trade Relationship With Other Countries
8. National Level Financial Institutions
9. Export Promotion
10. Recent Global Trade Scenario
11. Trade Agreements
12. International Relations (Gatt, Wto, Unctad)
13. Balance Of Trade And Balance Of Payment
    Chapter-Wise Multiple Choice Questions