|
Lecturer(s)
|
-
Bergami Roberto, Dr.
-
Tichá Lucie, Ing. Ph.D.
|
|
Course content
|
Topics include: 1. Various government policies to encourage exports and imports; 2. Country risk assessment, including: international competitiveness, innovation, legal issues (IP protection, value of the judicial process, foreign direct investment), and logistics performance index of selected nations; 3. Modes and strategies for entering export markets; 4. WTO: the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS) and the Agreement on Technical Barriers to Trade (TBT) in the context of market access and safeguard measures; 5. Free Trade Agreements (WTO, bilateral and regional) comparisons and their implications for market access for goods (quotas and exemption), services and the movement of natural persons; 6. Practical implications of FTA relevant to preferential duty treatment: determination of origin, certification of country of origin, customs valuation and transfer pricing issues; 7. Risk management in delivery terms (Incoterms 2010); 8. Agency and distribution agreements; 9. Customer risk assessment; 10. Instruments of international trade finance: traditional (Prepayment, Bill of Exchange, Documentary Credit and Open account) and non-traditional (barter trade, counter trade, offsets, forfaiting and factoring)
|
|
Learning activities and teaching methods
|
Monologic (reading, lecture, briefing), E-learning, Individual preparation for exam
- Semestral paper
- 42 hours per semester
- Preparation for credit
- 42 hours per semester
- Preparation for exam
- 42 hours per semester
- Class attendance
- 18 hours per semester
- Preparation for classes
- 24 hours per semester
|
|
Learning outcomes
|
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.
|
|
Prerequisites
|
Before studying this course students should have a general understanding of the international business environment; and general principles of risk, marketing and finance.
|
|
Assessment methods and criteria
|
unspecified
Group report (approx. 10000 words) = 80% In-semester test = 20% Additional infomration is available on Moodle.
|
|
Recommended literature
|
-
Bergami, R. International Trade: A practical introduction. Melbourne, Australia, 2013. ISBN 9781864910193.
-
Hill, C. W. L. International Business: Competing in the Global Marketplace. New York, NY, 2015. ISBN 9780078112775.
|