DAIBB-PAPER 3 :  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 C: 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 D: 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 E: 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 F: Foreign Exchange Markets
          In Bangladesh
          Overseas and
          Euro-Currency Market

Module G: 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 H: 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 I: 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)