Course leader: Gülçin Polat, Naci Polat.

Home Institution: Pamukkale University, Turkey

Course Overview

The course uses a comprehensive approach to international trade by looking at various facets of the subject. Main objective of the course is to enable the students to understand the main drivers of international trade, international business environment, international trade terminology and transactions, basic rules of international trade as well as to empower them with the knowledge required for risk management in  international trade.

Learning Outcomes

Upon successful completion of this course, students will be able to:

• Analyze the global environment of international trade.
• Explain the ways of liberalizing international trade and the regional economic integrations in the world.
• Recognize the organizations that regulate international trade and understand their roles
• Understand foreign trade transactions, including delivery and payment issues, customs documentation etc.
• Discuss the risks of international trade and propose proactive actions against the risks.

Course Content

Day: 1

Introduction to International Business and Globalization

Day: 2

Liberalization of International Trade and International Organizations

Day:3

Regional Economic Integrations

Day: 4

Foreign Trade Transactions: Export, Import and Counter Trade

Day: 5

Foreign Trade Transactions: Export, Import and Counter Trade

Day: 6

Customs Practices and Documents in International Trade

Day: 7

Terms of Delivery (INCOTERMS)

Day: 8

Terms of Payment

Day: 9

Risk Management in International Trade

Day: 10

Presentations

Instructional Method

Instructional Methodology will include a combination of lectures, class discussions, presentations, and case studies.

Required Course Materials

A list of recommended readings will be provided by the lecturers in PPT and PDF files.

Assessment

Presentation assignment: %30

Students are requested to select several types of goods, investigate the key facts about the international trade in these goods including statistics, main suppliers, what is needed for customs control and clearance of these goods in chosen countries, and presents their findings in the class.

Participation: %20

Final Examination: %50