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ASSIGNMENT
DRIVE Spring 2017
PROGRAM Master
of Business Administration- MBA
SEMESTER Semester
4
SUBJECT CODE & NAME IB0015- Foreign Trade of India
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
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 increasing imports
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
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 necessitates increasing imports because of high income
elasticity of demand for imports and the
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.
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