SMU MBA SPRING 2016-2017

Dear Students,
SMU MBA SPRING 2016 Assignments are available. For Booking ,Kindly
mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S
your Email ID us in the following Format On +91 9995105420 we
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DRIVE SPRING 2016

PROGRAM Master of Business Administration- MBA
SEMESTER 4
SUBJECT CODE &
NAME
IB0015- Foreign Trade of India
1. Discuss the Theory of Absolute Advantage and Ricardos Theory of Comparative
Advantage.
Absolute Advantage and
Ricardos Theory of Comparative Advantage
Answer: Theory of Absolute Advantage
In the late 18th and early 19th centuries, first Adam Smith and subsequently David Ricardo,
explored the basis for international trade as part of their efforts to make a case for free trade.
Their
2. Discuss in detail Foreign Trade in India since Independence.
Foreign trade in India
Answer: Foreign Trade in India since Independence
For the study of trends of Indias foreign trade during post-independence period, it is
convenient to divide the entire period into seven phases.
(i)
1948-49 to 1950-51 The Eve of Planning: On the eve of planning, the foreign
trade of India

3. Explain the Main Features of Indias Foreign Trade Policy

Main Features of Indias Foreign Trade Policy

Answer: Main Features of Indias Foreign Trade Policy

Trade encourages the foreign earnings as well as stimulates greater economic activities. The
main objectives of Import-export policy of the Indian Government have been to:
(i) Provide further impetus to exports;
(ii)
4. Write short notes on Indias trade with:
a. Special Economic Zones (SEZ)
b. Free Trade Warehousing Zones
Answer: a) The SEZ policy was announced in April 2000. The objective was to make the
SEZs an engine of economic growth by developing quality infrastructure and offer attractive
fiscal package at the Central and State level with a single window clearance. All the areas
providing a holistic economic development have been addressed and the scheme provides for
further
5. Discuss in detail the various Sectoral Performance of Indias External Sector
Sectoral Performance of Indias External
Answer: Sectoral Performance
Gems & Jewellery
Indias gems and jewellery industry is a bright star of the economy, and one of the important
foundations of the countrys export-led growth. The consumption of gold and jewellery
products in India has grown rapidly over the years at the rate of 10-15 per cent per annum and
today, the
6. What are PTA and FTA? Identify the key difference between the two.
PTA meaning
FTA Meaning
Key difference
Answer: PTA (Preferential Trade Agreement): A preferential trade area (also preferential
trade agreement, PTA) is a trading bloc that gives preferential access to certain products from
the participating countries. This is done by reducing tariffs but not by abolishing them
completely. A PTA

SMU MBA SPRING 2016-2017

Dear Students,
SMU MBA SPRING 2016 Assignments are available. For Booking ,Kindly
mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S

your Email ID us in the following Format On +91 9995105420 we

will reach back you with in 24H