2.  6 units covering:  Introduction of international trade,  theories,  trade trends,  policies,  organizations and  impact on economy

3. All commercial transactions—including sales, investments, and transportation—that take place between two or more countries

4.  Expanding sales: cars, automobiles, electronics  Acquiring resources: FMCG cos, fuel producers  Minimizing risk: financial cos

5.  Merchandise exports and imports  Service exports and imports  Tourism and Transportation  Service Performance: banking, insurance, engineering, management, interest and dividend  Asset Use  Investments: FDI(controlling interest) and FII(non controlling interest)

6. Components of GDP (fc) at constant prices, base year: 2004-05 (Rs Bn) Year Agriculture & allied activities IndustryServices GDP at Factor Cost 1950-511450.52310.26968.422796.18 1950-51 in %51.8811.1034.63100.00 2012-137536.1010421.8537096.4055054.37 2012-13 in %13.6918.9467.41100.04

8.  Collaborative arrangements  Strategic Alliance  Multinational Enterprise (MNE)

9.  Used to define:  Companies that work jointly under long term contractual arrangements  New alliance

10.  Same as collaborative agreement but often reserved to refer either to an agreement important to one partner  Or an agreement that does not involve joint ownership  Joint work but identity apart

11.  It takes a world wide view..  And is willing to consider market and production locations anywhere in the world.

12.  IB  Why are firms interested in IB  How can firms get FDI  What is more important FDI or FII…  2 pros and cons of FDI and FII