BA6035-INTERNATIONAL TRADE FINANCE |
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.
|
EXPORT AND IMPORT FINANCE
|
Special need for Finance in International Trade – INCO Terms (FOB, CIF, etc.,) – Payment Terms –
Letters of Credit – Pre Shipment and Post Shipment Finance – Forfeiting – Deferred Payment Terms
– EXIM Bank – ECGC and its Schemes – Import Licensing – Financing Methods for Import of
Capital Goods.
|
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.
|
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.
|
EXPORT PROMOTION SCHEMES
|
Government Organizations Promoting Exports – Export Incentives: Duty Exemption – IT
Concession – Marketing Assistance – EPCG, DEPB – Advance License – Other efforts – Export
Promotion – EPZ – EQU – SEZ and Export House. |
Text Books
|
1. Apte P.G., International Financial Management, 5th Edition, Tata McGraw Hill, 2009.
2. Francis Cherunilem, International Trade and Export Management, 2nd Edition, Himalaya
Publishing House, 1997.
|
Reference Books
|
1. Jeff Madura, International Corporate Finance, Cengage Learning, 8th Edition, 2008.
2. Alan C. Shapiro, Multinational Financial Management, PHI Learning, 4th Edition,
2008.
3. Cheol S Eun and Bruce Resnick, International Financial Management, 4th Edition, Tata
McGraw Hill, 2008.
|
|