To acquaint students with the role of international institutions and monetary system.
Meaning, Scope, Importance, Drivers of International Business, International Business Vs Domestic Business, International Business Decisions, Advantages of International Business
Meaning, Economic Environment-meaning, economic systems-market, command ,mixed system
Cultural Environment-meaning,language,religion,values and arttitudes,customs and manners .Political and Legal Environment –meaning, political system, international political relations ,political stability ,legal systems, legal jurisdictions.
Types of Organization structure,Centralization, Factors affecting choice of structure & Decentralization.
Pre-Bretton Woods Period, Bretton Wood System, European Monetary System (EMU), European Currency Unit (ECU) and EURO.
IMF, World Bank, IFC, IDA and ADB -Objective, Functions, Achievements, Recent Developments.