IB0015- Foreign Trade of India

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ASSIGNMENT

DRIVE Winter 2017

PROGRAM                                                   Master of Business Administration- MBA

SEMESTER                                                  Semester 4

SUBJECT CODE & NAME                        IB0015- Foreign Trade of India

BK ID                                                             B1908

CREDIT & MARKS                                    4 CREDITS, 60 MARKS

Note – Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Ques1 Write a note on composition of India’s foreign trade?

Ans Composition of India’s Foreign Trade

India’s composition of foreign trade has undergone substantial changes during the last three decades. Many new products have entered the list of exports and imports. The composition of exports shows a perceptible shift in this decade from light manufactures to heavy manufactures and petroleum crude and products. The share of textiles and ready-made garments (RMG) has fallen

Ques2 Explain the composition of India’s import in detail?

Ans-Composition of Imports

The composition of imports showed much less change than that of exports.POL continues to be the single major item of import with its share stabilizing at the 30-31 per cent level. The share of capital goods imports shows the sharpest rise of about 4.9 percentage points in 2006-07 over 2000-01 due to 3-7

Ques3 what are the main features of India’s foreign trade policy and what are the various EPCG schemes?

Ans Foreign Trade of a country constitutes exports and imports. Exports are vital to a developing economy as the capacity to import is limited by the capacity to export because finally imports have to be paid for by exports. The growing industrialization of a developing country necessitates

Ques4 Write short notes on:

a. Advisory Bodies

b. Commodity boards

Ans. Advisory Bodies

Advisory & Promotional Services: These include:

I) Information on export opportunities.

ii) Assistance in formulating alternative & competitive financial packages to bid for export contracts.

iii) Provision of grants out of Export Marketing Fund (EMF) for marketing activities to export houses and exporters to increase their market share in developed countries. The various

Ques5 what are the various schemes under India’s foreign trade policy?

Ans Foreign Trade of a country constitutes exports and imports. Exports are vital to a developing economy as the capacity to import is limited by the capacity to export because finally imports have to be paid for by exports. The growing industrialization of a developing country

Ques6 Write a short note on WTO and dispute settlement?

Ans The most important issues in world trade include i) regionalism vs.multilateralism and ii) liberalization and globalization. The world trade is governed by multilateral trading system. However, regional trading arrangements are permitted. WTO is responsible for promoting the international trade by

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