Trade is not an end in itself‚ but a means to economic growth and national development. The primary purpose is not the mere earning of foreign exchange‚ but the stimulation of greater economic activity. For India to become a major player in world trade‚ an all encompassing‚ comprehensive view needs to be taken for the overall development of the country ’s foreign trade. While increase in exports is of vital importance‚ we have also to facilitate those imports which are required to stimulate our
Premium International trade
VI FOREIGN EXCHANGE MARKET 6.1 Globally‚ operations in the foreign exchange market started in a major way after the breakdown of the Bretton Woods system in 1971‚ which also marked the beginning of floating exchange rate regimes in several countries. Over the years‚ the foreign exchange market has emerged as the largest market in the world. The decade of the 1990s witnessed a perceptible policy shift in many emerging markets towards reorientation of their financial markets in terms of new products
Premium Foreign exchange market
UNIT I FOREIGN TRADE AND POLICY OBJECTIVES To give broader understanding of the foreign trade and it’s policy. This unit given students an understanding of the aspects that how the various theories explain the development of foreign trade between the nations. The main objectives of this unit are: • To analysis similarities and differences between internal and international trade. • • • To provide an overview of various theories in foreign trade. To evaluate the terms of trade between the nations
Premium Economics International trade Comparative advantage
In international business‚ knowledge about political environments is very important. Why? Please provide examples. The Political environment is often a direct consequence of the political parties in power‚ which represents the popular opinion of the citizens of the region. If the citizens are‚ for example‚ pro-Big Business then probably taxation will be modest and there will not be a lot of stringent rules about environmental considerations.If the citizens are very concerned about safety issues
Free Government Democracy Sovereign state
* Occurs when a firm invest directly in a foreign country. * Becomes a multinational enterprise * FDI can be both – Greenfield (establish new ops) Acquisition/Merger (with existing firms) * Flow of FDI –refers to the amount of FDI over a time period. * Stock of FDI - total accumulated value of foreign-owned assets * Outflows – flows of FDI out of a country * Inflows – flows of FDI into a country Gross fixed capital formation summarises the total amount of capital
Premium Market economy Market Free market
The Marketing Environment Environmental Variables There are two categories of variables in the marketing environment that shall shape all aspects of a company’s strategic plans: 1. Macro environmental category includes: demographic; economic; social-cultural; competitive; political-legal; and technology variables. 2. Microenvironmental category includes: the company itself; customer served by the company; suppliers; distributors; market intermediaries that assist in making and marketing
Free Culture Marketing World population
MICROENVIRONMENT Micro environment means the environment with in the organization/company which is totally under the control. a. The company itself (including departments). b. Suppliers. c. Marketing channel firms (intermediaries). d. Customer markets. e. Competitors. f. Publics. 1. The Company’s Microenvironment a. The Company The first factor is the company itself 1). Top management is responsible for setting the company’s mission‚ objectives‚ broad strategies‚ and policies
Premium Customer Public Marketing
Singapore business environment with PEST analysis Political – Singapore has friendly environment for business. The government makes several organizations to encourage business. The regulation structure of Singapore has Ministry of Trade and Industry (MIT). That makes Singapore become global city of enterprise and innovation. The aim of MIT is making economic growth with creating job opportunities. It can give broad directions for the economy. Their tasks are making economy growth‚ trade expanding
Premium Economics Singapore Economic growth
Andrew C. Kuchins and Igor A. Zevelev Russian Foreign Policy: Continuity in Change he imminent return of Vladimir Putin to the presidency of the Russian Federation in 2012 raises many questions about the future of Russian foreign and security policy as well as U.S. —Russia relations. To what extent will Putin seek to continue and implement the goals of current President Dmitri Medvedev’s modernization program? Will Putin reform the political system in the direction of decentralization of power
Premium Russia International relations
mandatory requirement of the Bachelor of the Business Administration (BBA) program under School of Business at Independent University this report entitled – “Analysis of Foreign Inward and Outward Remittance under local currency account of HSBC.” - is a connived depiction of the three month long internship program at the Foreign Remittance Department in HongKong and Shanghai Banking Corporation Ltd. The organization attachment started on February 01‚ 2006 and finished on April 31‚ 2006. My organization
Premium Bank