Session Plan - WTO

IRE
1 Introduction of the •Meaning and relevance of regulation. •Domestic & International
Course regulatory bodies.
2 Business and its 1.MEANING OF BUSINESS •The Economic Environment of
environment Business •Critical elements of Business •Difference between
Business & Commerce 2.NATURE OF MODERN BUSINESS
•Business in current outlook •Present Indian Scenario.
3 GLOBALIZATION & •Drivers of globalization •Globalization & the environment
ITS IMPACT ON •Globalization & International Business
MODERN
BUSINESS
4 INTERNAL •Impact of Micro Environment •Internal Regulatory Environment
ENVIRONMENT •Securities & Exchange Board of India (SEBI) Case studies
references will be given to the groups.
5 EXTERNAL •Environment of international business & its significance •Impact
ENVIRONEMENT of Macro environment •Meaning & Relevance of PESTEL
Analysis.
6 - 7 - INTERNAL Case Discussion / Presentation / Analysis
8 ASSESSMENT – CASE STUDY ON PESTEL ANALYSIS
COMPONENT I
9 International Trade • Theory of Absolute advantage • Theory of Comparative
Theory & Regulatory advantage • Manner in which government regulatory trade with
Environm other countries and the rational for them
10 . International Trade • Theory of competitive advantage • Role, significance in
Theory & Regulatory regulatory international trade.
Environm
11 . International Trade •Expert Marketing, Price and Distribution •Product Market nexus.
Theory & Regulatory •Role of Price as a regulator •Significance of Distribution
Environm Channels
12 . International Trade •Export Promtion •Import substitution. •Exim policy •Foreign
Theory & Regulatory trade policy (2004-2005) as a regulator
Environm
13 Tariff •Role of Tariff. •Types of Tariffs. •Determination of Tariff.
•Effective rate of production
14 Tariff • Welfare effects of tariffs. • Small nation vis-à-vis large nation. •
Limitations of tariffs in regaling trade
15 - INTERNAL Individual Viva (Module 1 & 2)
16 ASSESSMENT –
COMPONENT II
17 INTERNATIONAL • Multilateral & Plurilateral Trading systems. • Protection of
TRADING Domestic Markets
ENVIRONMENT
18 Tariff Negotiation • Conduct of trade according to Most Favored Nation (MFN) •
Conduct of trade according to National Treatment Clause (NTC)
19 Barriers and regulators •Non technical barrier to trade. •Subsidies -- Role in regulating
of Trade. trade. •Unfair trade practices
20 - Special Economic •Meaning, relevance, conditions, benefits of economic zones.
21 Zones (SEZS) and it’s •Unilateral and bilateral trade. •Foreign trade zones – meaning,
relevance advantages and bottleneck
22 Measures for •Antidumping and its impact on regulating trade. •Safeguard and
protecting and Countervailing measures. •Pre – Shipment inspections.
regulating trade of de
23 - INTERNAL Project & Presentation Eximpolicy to Foreign Trade Policy
24 ASSESSMENT – regulatory implications on particular sector of the Indian
COMPONENT III economic
WTO
25 Regulators to •Quantitative Restrictions – it impact and consequences. •Quotas
International Trade. – as a non tariff barrier. •Licensing.
26 Regulators to • Sanitary and Phytosanitary Measures (SPS). • Relevance of
International Trade. Environment on International Trade. • Technical Barriers to Trade
(TBT)
27 Trade Related •Copy right •Patents – Product and process •Geographical
Intellectual Property locations •Trademarks. •Industrial designs
Rights (TRIPS)
28 Trade Related •Local Content Requirement •Trade Balancing Requirement
Investment Measures •Foreign Exchange Balancing Requirement •Export Performance
(TRIMs) Requirement •Singapore Issues. •Types of Foreign
29 - INTERNAL Project & Presentation WTO and its regulatory implications on
30 ASSESSMENT – particular sector of the Indian economic
COMPONENT IV
31 - Arbitration •Multilateral and Plurilateral Agreements – The legal framework
32 •Rules & Procedure governing the settlement of dispute. •Rules of
conduct. •Timetable for appeals •Appellate body
33 – General Agreement on •All the four modes of services. •Role of services sector in
34 – Trade and Services developing economy like India. •Barriers to trade in services
35 – (GATS) •Provisions for Developing Countries under GATS
36
37 – Dispute Settlement •Consultation •Panel •Appeal and Consideration in DSB(Dispute
38 – Process Settlement Body) •Implementation of Recommendation
39 – •Compensation and Suspension of Concession •Cross-sector and
40 Cross-agreement Suspension •Special case of Anti-Dumping
•Backgrounder