Export and Import Operations (3cr)

Objective

Students will be competent in assessing a company's readiness to foreign trade and initiating the entire export/import process step by step. Students will possess knowledge of the practical aspects of the process such as documentation, insurance and payment procedures.

Content

- Foreign trade practices and documents
- Terms of delivery
- Payments in foreign commerce

Qualifications

- Introduction to Business Operations
- International Business Operations and Strategies

Assessment criteria, satisfactory (1)

Student knows the requirements for international trade and knows generally how to create documentation for a foreign trade process. Student makes illogical decisions about operation mode, incoterms, transportation, insurance and payment options for different cases, and can?t explain the reasons for solutions.

Assessment criteria, good (3)

Student knows the requirements for international trade and knows how to create necessary documentation for a foreign trade process. Student is able to make decisions about operation mode, incoterms, transportation, insurance and payment options for different cases, but can?t explain the reasons for solutions.

Assessment criteria, excellent (5)

Student knows the requirements for international trade and is able to create necessary documentation for a foreign trade process. Student is able to make decisions about operation mode, incoterms, transportation, insurance and payment options for different cases. Student has good validation for arguments and reasons for solution.

Materials

- ICC 2008: Guide to Export-Import Basics: Vital Knowledge for Trading Internationally (specified chapters)

- Indicated web-materials