International Trade & Foreign Exchange Syllabus

INTERNATIONAL TRADE AND FOREIGN EXCHANGE

Full Marks: 100

Module A: An Overview of Foreign Trade

· Importance and Trends of International Trade

· Composition and Trends of Bangladesh Foreign Trade

· The Role of WTO for Removal of Tariff and Non-Tariff Barriers

· Inco-Terms Terms Used in the International Trade

· Payments and Clearing Unions—EU, NAFTA, LAFTA, ACU

· Balance of Trade and Balance of Payments

· Salient Features of Export and Import Policies of Bangladesh

· Incentives Including GSP for Exports from Bangladesh

Module B: General Knowledge Regarding

· International Organizations Like IMF, World Bank, IFC, IDA, ADB, Islamic Development Bank (IDB), etc.

Module C: Role of Banks in Foreign Trade

· Methods of Settlement of Payments for International Trade

· Cross Border Fund Transfer Systems Including SWIFT and Other Forms of Electronic Fund Transfers

· Documents Used in International Trade and Their Scrutiny by the Banks

· Main Features of Uniform Customs and Practice for Documentary Credits (UCPDC) (ICC Publication No.600)

· Main Features Uniform Rules for Collection (ICC Publication No. URC 522)

· Arrangement for Settlement of International Payments: Correspondence Relationship, Nostro And Vostro Accounts

Module D: Protection Against Risk in Foreign Trade

· Precautions Against Common Frauds and Forgeries

· Protection Against Political and Economic Risks and

· Export Credit Guarantee Schemes in Force in Bangladesh

Module E: Exchange Control Regulations

· Salient Features of Foreign Exchange Regulation Act, 1947

· Exchange Control Regulations Regarding Forex Operation by Authorised Foreign Exchange Dealers

· Foreign Investment in Bangladesh Including Export Processing Zones

· Special Provisions in the Anti-Money Laundering Act, 2008 Affecting International Payments

Module F: Exchange Rates

· Changing Pattern of Exchange Rates Since World War I

· Factors Affecting Exchange Rates

· Various Types of Exchange Rates

· Management of Exchange Rates in Bangladesh

Module G: Foreign Exchange Markets

· In Bangladesh

· Overseas and

· Euro-Currency Market

Module H: Dealing In Foreign Exchange

· Foreign Exchange Positions

· Trading in Foreign Exchange

· Offshore Banking Operations

· Lending and Borrowing in Foreign Currencies and

· Derivatives in Foreign Currencies

Module I: Financing of Foreign Trade in Bangladesh

· Various Forms of Financing Exports From and Imports into Bangladesh

· Arrangements and Forms of Export From and Imports into Bangladesh

· Role of Bangladesh Bank Regarding Export and Import Finance

Module J: Exchange Arithmetic

· Selection of Buying and Selling Rates for Spot and Forward Transactions

· Calculation for Buying and Selling Rates—Spot, Forward and SWAP—for Export and Import Bills, Investment and Other Miscellaneous Payments.

References

1 Ali, Syed Ashraf: Foreign Exchange and Financing and Risk Management, 2nd Edition, Mowla Brothers (Dhaka, Bangladesh).

2 Andly, K. K. : Foreign Exchange.

3 Awasthi, G. D. Trade Payments (Academy of Business Studies, Delhi, India).

4 Keskamat. V. V. : Foreign Exchange An Introduction.

5 Lall, G. S. Finance of Foreign Trade and Foreign Exchange (HPJ Kappor, New Delhi.).

6 Verghese, S. K. : Foreign Exchange and Financing of Foreign Trade.

7 Watson, A. J. W. : Finance of International Trade (Institute of Bankers, London).

8 Whiting, D. P. : Finance of International Trade (McDonald & Evans).

9. Wheble B. S. : Uniform Rules for Collection (Chartered Institute of Bankers, London).