International Trade and LogisticsLaajuus (3 ECTS)

Objective

Students will be able to plan logistics activities of the export and import trade as well as to recognize the risks and opportunities related to these. Students will be able to compare different delivery options and to choose the most appropriate payment terms, transport modes and delivery terms for a company. Students will be able to recognize the most common documents, regulations and agreements of foreign trade and the international organizations supporting these. Students will be able to distinguish the differences between intra and inter-regional trade.

Content

• Development and structures of global trade
• Intra and inter-regional trade (trade agreements)
• Organizations and documents of export and import trade
• Risks of export and import trade
• Terms of payments
• Forwarding, transportation and delivery terms (Incoterms 2000 and 2010)
• Carrier´s liabilities and types of insurances

Qualifications

English Language Proficiency

Assessment criteria, satisfactory (1)

Sufficient performance: showing just enough understanding of the subject to merit a pass grade but requiring greater effort to achieve a more satisfactory result

Assessment criteria, good (3)

Good performance: showing strong understanding of basic concepts and good grasp of techniques, but with certain minor problems still requiring further attention

Assessment criteria, excellent (5)

Excellent performance: not only fulfils all standard requirements but demonstrates originality and imagination