- Cover
- About Pearson
- Title Page
- Contents
- Preface to the First Edition
- Preface to the Fourth Edition
- Acknowledgements
- About the Author
- 1. Globalization and International Business
- Journey of the Wimbledon Tennis Ball
- Introduction
- Elements of Globalization
- International Business
- TNCs – A Classification
- Growth of International Business
- Impact of Globalization
- International Versus Domestic Business
- Motives for Firm Internationalization
- International Orientations
- Modes of Entry
- Chapter Summary
- Key Terms
- Discussion Questions
- Examination Questions
- 2. Economic and Political Environment
- 3. Cultural and Legal Environment
- 4. International Trade Theories
- 5. Commercial Policy Instruments
- 6. Multilateral Regulation of Trade
- Trade Wars
- Introduction
- General Agreement on Tariffs and Trade (GATT)
- World Trade Organization (WTO)
- WTO Agreements
- Organizational Structure of WTO
- Principles of WTO
- Functions of WTO
- WTO: An Evaluation
- Future Challenges for WTO
- WTO Achievements
- United Nations Conference on Trade and Development (UNCTAD)
- Chapter Summary
- Key Terms
- Discussion Questions
- Examination Questions
- 7. International Trade Finance and Promotion
- The New Indian Trade Policy
- Introduction
- International Trade Payment
- Terms of Trade
- International Trade Finance
- International Trade Credit
- Trade Promotion in India
- Organizations for Export Promotion
- Export Incentives
- Marketing Assistance
- Market Development Assistance
- Market Access Initiative
- Foreign Exchange
- Trade Fairs and Exhibitions
- Export Risk Insurance
- Production Assistance/Facilities
- Special Economic Zones (SEZs)
- Export Processing Zones
- Free Trade Zone (FTZ)
- Export-oriented Unit (EOU)
- Export Houses
- Special Economic Zone
- Chapter Summary
- Key Terms
- Discussion Questions
- Examination Questions
- 8. Foreign Direct Investment
- 9. Regional Economic Integration
- Brexit Spells Doom for Wine, Ham and Cheese
- Introduction
- Levels of Economic Integration
- Effects of Integration
- Regional Trading Agreements—A Global Overview
- North American Free Trade Agreement (NAFTA)
- Implications of a New Agreement
- Association of Southeast Asian Nations (ASEAN)
- ASEAN Evolution and Growth
- ASEAN Achievments
- South Asian Association for Regional Cooperation (SAARC)
- Chapter Summary
- Key Terms
- Discussion Questions
- Examination Questions
- 10. International Financial Environment
- 11. Exchange Rate Determination
- 12. International Financial Institutions
- 13. International Balance of Payments
- 14. International Marketing
- 15. International Human Resource Management
- 16. International Production and Supply Chain Operations
- 17. Global E-commerce
- 18. Environmental Issues in International Business
- 19. Global Outsourcing
- Past, Present and Future of Outsourcing
- Introduction
- Forms of Outsourcing
- Drivers of Outsourcing
- Factors Behind a Decision to Outsource
- Software Industry in India
- Growth Drivers of India’s ITES–BPO Sector
- Problems and Pitfalls of the ITES–BPO Industry
- Chapter Summary
- Key Terms
- Discussion Questions
- Examination Questions
- Model Question Papers
- Index
- Copyright
FUNDAMENTALS OF INTERNATIONAL BUSINESS
FOURTH EDITION
Sumati Varma
Department of Commerce
Sri Aurobindo College (Evening)
University of Delhi
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