BA9259-International Trade Finance |
UNIT – I INTERNATIONAL TRADE |
International Trade – Meaning and Benefits – Basis of International Trade – Foreign Trade
and Economic Growth – Balance of Trade – Balance of Payment – Current Trends in India –
Barriers to International Trade – WTO – Indian EXIM Policy. |
UNIT – II EXPORT AND IMPORT FINACE |
Special need for Finance in International Trade – INCO Terms (FOB, CIF, etc.,) – Payment
Terms – Letters of Credit – Pre Shipment and Post Shipment Finance – Fortfaiting – Deferred
Payment Terms – EXIM Bank – ECGC and its schemes – Import Licensing – Financing
methods for import of Capital goods. |
UNIT – III FOREX MANAGEMENT |
Foreign Exchange Markets – Spot Prices and Forward Prices – Factors influencing Exchange
rates – The effects of Exchange rates in Foreign Trade – Tools for hedging against Exchange
rate variations – Forward, Futures and Currency options – FEMA – Determination of
Foreign Exchange rate and Forecasting. |
UNIT – IV DOCUMENTATION IN INTERNATIONAL TRADE |
Export Trade Documents: Financial Documents – Bill of Exchange- Type- Commercial
Documents - Proforma, Commercial, Consular, Customs, Legalized Invoice, Certificate of
Origin Certificate Value, Packing List, Weight Certificate, Certificate of Analysis and
Quality, Certificate of Inspection, Health certificate. Transport Documents - Bill of Lading,
Airway Bill, Postal Receipt, Multimodal Transport Document. Risk Covering Document:
Insurance Policy, Insurance Cover Note. Official Document: Export Declaration Forms, GR
Form, PP From, COD Form, Softer Forms, Export Certification, GSPS – UPCDC Norms. |
UNIT – V EXPORT PROMOTION SCHEMES |
Government Organizations Promoting Exports – Export Incentives : Duty Exemption – IT
Concession – Marketing Assistance – EPCG, DEPB – Advance License – Other efforts I
Export Promotion – EPZ – EQU – SEZ and Export House. |
Text Books |
1. Apte P.G., International Financial Management, Tata McGraw Hill, 2008.
2. Jeff Madura, International Corporate Finance, Cengage Learning, 8th Edition, 2008. |
Reference Books |
1. Alan C. Shapiro, Multinational Financial Management, PHI Learning, 4th Edition, 2008.
2. Eun and Resnik, International Financial Management, Tata Mcgraw Hill, 4th Edition,
2008.
3. Website of Indian Government on EXIM policy |
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