International Business Enviroment

Syllabus

5T3 – International Business Environment

Unit I:

Introduction to International Business: Importance, Nature and Scope of International Business; Modes of Entry into International Business; Internationalisation process and Managerial Implications; Issues in Foreign Investments, Technology Transfer, Pricing and Regulations; International Collaborative Arrangements and Strategic Alliances; Concept and Significance of Balance of Payments Account.

Unit II

International Business Environment: Economic, Political, Cultural and Legal Environments in International Business. Framework for Analysing International Business Environment.

Unit III

Global Trading and Investment Environment: World Trade in goods and Services – Major Trends and Developments; World Trade and Protectionism – Tariff and Non-Tariff Barriers; Foreign Investments-Pattern, Structure and Effects; Movements in Foreign Exchange and Interest Rates and their Impact on Trade and Investment Flows.

Unit IV

International Economic Institutions and Agreements: WTO, WTO and Developing Countries, IMF, World Bank, UNCTAD, International Commodity Trading and Agreements. Structure and Functioning of EC and NAFTA, Regional Economic Groupings in Practice: Levels of Regional Economic Integration; Regionalism vs. Multilateralism; Important Regional Economic Groupings in the World.