Economic environment – political and regulatoryenvironment – demographic environment – social, cultural and technological environment
Regional integration and trade blocks – Types of integration – theoryof customs union, European union – regional groupings – integration of developing countries – SAARC,SAPTA, international commodity agreements – quota agreements – Cartels – Bi-lateral & Multi lateral contracts– Economic institutions – International Monetary Funds (IMF) – World Bank, Asian Development Bank,UNCTAD, UNIDO, International Trade Centre, WTO, GATT, GATS, TRIM, TRIPS.
Historical developments of Modern Trade theory – Investmenttheories – Theory of capital movements – Market imperfections – Internationalisation – Appropriability –Location specific advantage – eclectic.
Government Influence on Trade: Trade in merchandise – Trade in services – Global sourcing – degree ofdependence – balance of payments – trade and BOP of India. Cultural contacts of global management –Understanding the role of culture – communicating across cultures – cross cultural negotiations and decisionmaking.
Types and significance of foreign investments – factors affecting internationalinvestment – growth and dispersion of FDI – cross border mergers and acquisitions – foreign investment inIndia – The New Policy – EURO/ADR issues – M & A – Indian companies going global.
Definition and Meaning – Importance and dominance of MNCs – Code ofconduct – MNCs in India – Transfer of Technology – global competitiveness – indicators of competitiveness -competitive advantage of nations – Technology and Global competitiveness.International Operations – Global supply chain management – global manufacturing strategies – factorsaffecting international HRM and staffing policy – International negotiations – international asset protection –Protection of IPRs.
The Pre-Bretton Wood’s period, Breakdown of Bretton Wood system and emergence of EMS, EU and EURO.
Social Responsibilities and Ethics, MNE Social Responsibilities, Efficiencies, Perspectives, Ethics,Technological Perspective, Foreign Corrupt Practices Act, Cases.