AKTU International Trade and Sustainability (BMBAB302) Syllabus PDF – MBA (Agribusiness Management) 3rd Semester
International Trade and Sustainability BMBAB302
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Syllabus — International Trade and Sustainability
Download PDFBMBAB302 · 3 credits · L-T-P 3-0-0
Course Outcomes
| CO Code | Course Outcome Statement | Bloom's K Level |
|---|---|---|
| CO1 | Explain the fundamentals of international trade and the structure and impact of WTO on agribusiness. | K2 – Understanding |
| CO2 | Analyse WTO agreements and trade barriers relevant to sustainable agribusiness trade. | K4 – Analysing |
| CO3 | Apply key economic trade theories to evaluate India's position in global agribusiness trade. | K3 – Applying |
| CO4 | Examine India’s foreign trade policy, its effects on balance of payments, and trade performance. | K4 – Analysing |
| CO5 | Demonstrate knowledge of export-import procedures, market entry strategies, and sustainability in global trade. | K3 – Applying |
Unit I: Basics of International Trade and WTO (4 Hours)
Introduction to international trade: concepts and importance; World Trade Organization (WTO): structure, functions, and role; Implications of WTO for Indian economy in general and agriculture in particular; Overview of global trade environment and challenges for agribusiness
Unit II: WTO Agreements and Trade Regulations (6 Hours)
Trade-Related Intellectual Property Rights (TRIPS); Trade-Related Investment Measures (TRIMS);
Quotas, anti-dumping duties, quantitative and qualitative restrictions; Tariff and non-tariff measures, trade liberalization; Subsidies, green box and red box measures under WTO; Future negotiation issues at WTO; Clean Development Mechanism (CDM) and carbon trading relevance to agribusiness sustainability.
Unit III: Foreign Trade and Economic Theories (10 Hours)
Importance of foreign trade for developing economies; Concepts of absolute and comparative advantage; Overview of India’s foreign trade with special focus on agriculture and agribusiness;
Emerging trends and challenges in global agribusiness trade
Unit IV: India’s Foreign Trade Policy and Economic Implications (10 Hours)
Composition and features of India’s foreign trade policy; India’s balance of payments and its impact on trade; Inter-regional vs. international trade; Tariffs, trade controls, and exchange rate mechanisms;
Foreign trade multiplier and its significance in economic growth; Foreign demand and supply side analysis in agribusiness trade; Opportunity cost and implications for developing countries; Trade and factor price relationships; Market entry methods for global agribusiness markets.
Unit V: Export-Import Procedures and Market Entry (10 Hours)
Export-import documentation and procedures: commercial invoice, bill of lading, packing list, certificate of origin, phytosanitary certificate, export/import license, letter of credit, insurance certificate, customs declaration, inspection certificate, consular invoice; Role of government and trade facilitation bodies; Logistics and supply chain management including cold chain and transportation;
Marketing strategies for sustainable global agribusiness markets.
Suggested Readings
- Chadha GK. (2003). WTO and Indian Economy. Deep & Deep.
- Mathur, B. B. (2021). International Trade and Finance: Theory and Policy. New Delhi: Taxmann Publications Pvt. Ltd.
- Singh, S. (2020). Agribusiness Management in India. New Delhi: Sage Publications India Pvt. Ltd.
- Economic Survey of India, Ministry of Finance, Govt. of India (various issues)
- CCS HAU Hisar. (2003). Refresher Course on Technological Interventions to Face WTO Challenges. AAREM & HRD.
- Indian Journal of Agricultural Economics, Vasisht AK & Singh Alka. (2003). WTO and New International Trade Regime: Implications for Indian Agriculture. Advance Publishers.
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