Course Title: International Business Course Hours: 3 Teaching hours: 48

Course Code: MGT542 Area of Study: Core

Course Objective: The Course intends to inject the norms and critical issues among the students regarding the area of management of international business environment in present highly competitive world.

Course Contents:Unit 1: Visionary Approach of International Business 11 Hrs

Type of International Business, Environment of IB- Economic and Political Environment, the Human Culture Environment, Recent World Trade and Foreign Investment Trend, Balance of Trade and Balance of Payments, Approach of Accounts, Macro Management Theories and Institutions of IB.

Unit 2: WTO and Regional Trade Bloc 10Hrs

Approach of WTO, Impact of WTO on International Business (IB): Tariff and non Tariff Barriers, TRIPs, TRIMPs and GATS. Regional Trade Blocs: SAFTA, EU, ASEAN & NAFTA.

Unit 3: Modaliy of Trade and Investment 7 Hrs Factor influencing Trade and Investment, Determination of Trading Partners: Model of Independence, Interdependence and dependence, World Financial Environment: Cross National Co-Operative and Agreements.

Unit 4: Foreign Exchange Management 5Hrs

Foreign Exchange Market Mechanism, Determination of Exchange Rates, Euro Currency Market, International Banks and Non- Banking Financial Services.

Unit 5: Liberation, Privatization and Globalization (LPG) 8Hrs

Modality of LPG, Export Management: Licensing, Institutions of Joint Ventures, Technology and Global Competition, Globalization for Social Responsibilities.

1

Unit 6: International Business Diplomacy 7Hrs

Negotiating International Business, International Business (IB) of Capital Goods among Trading Partners, Issues in Assets Protection, Multilateral and settlement, Consortium Approach, International Approach.

Suggested Readings1. Alworthe, Julion S, the Finance, Investment and Taxation Decisions of

Multinationals, London: Basial Blackwell, 1988.2. Bhalla V.K. and S. Shrivarama, International Business Environment and

Business, New Delhi: Anmol,19953. Bhalla, V.K. International Economy: Liberalization Process, New Delhi,

Anmol 1993.4. Daniel, John D and Radebangh, Lee. H. International Business, New York,

Addison Wiley, 1999.5. alEitemand, D.K. and Stopnehill, AL, Multinational Business Finance, New

York, Addison Wesely, 1989.6. Recent issues of American Economic and Business Journals.7. WTO: Focus and Press Release, Recent Issues.

University Question PatternGroup AAttempt only Two Questions. Question 1 Case Base Question (Compulsory) -14MarksQ2. and Q3. From out of these one is compulsory (14x2)From this group , students should complete only two.Attempt only Four Questions.Total Question six, each mark is equal to 8 marks but of these students should complete only four.

2