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Lecturer(s)
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Course content
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Topics of lectures: 1. Introduction to international trade operations and activites, international trade institutions and agreements 2. Export strategies and the export/import processes overview 3. International monetary system and exchange rates 4. International and Czech trade policies 5. Border control functions 6. Contracts of sale and international delivery terms (Incoterms 2010) 7. Storage and distribution 8. Risk management, country risk and customer risk assessment 9. Insurance 10. Financing international trade and methods of payment 11. Documents in international trade 12. Specific forms of international trade
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Learning activities and teaching methods
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Monologic (reading, lecture, briefing), E-learning, Individual preparation for exam, Work with multi-media resources (texts, internet, IT technologies), Project-based learning
- Class attendance
- 42 hours per semester
- Semestral paper
- 42 hours per semester
- Preparation for credit
- 42 hours per semester
- Preparation for exam
- 42 hours per semester
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Learning outcomes
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At the end of this course students should have a thorough understanding of the international trade environment in respect to risks, export entry modes, market access regulations and instruments of trade finance.
At the end of this course students should have a thorough understanding of the theories and practical applications relevant to: entering exports markets; delivery terms (Incoterms 2010-2020); customs classification and duty treatment under the WTO framework and other Free Trade Agreements; and customer risk/country risk assessment for methods of payment.
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Prerequisites
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Before studying this course students should have a general understanding of the international business environment; and general principles of risk, marketing and finance.
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Assessment methods and criteria
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Test, Seminar work
Group report (approx. 10000 words) = 50% In-semester test = 50% Additional information is available on Moodle.
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Recommended literature
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Internet reference materials, including the WTO, World Customs Organisation, EU websites.
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Bergami, R. International Trade: A practical introduction. Melbourne, Australia, 2013. ISBN 9781864910193.
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Hill, C. W. L. International Business: Competing in the Global Marketplace. New York, NY, 2015. ISBN 9780078112775.
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