Opinto-opas

Objective

Students will become familiar with the structure and practices of international trade. They will learn where to find information about trade organizations, documentation, delivery terms, transportation and freights, customs and payments. They will learn to compare different distribution and payment options of international trade and to estimate total costs of import and export transactions. They will recognize the risks of international trade and learn how to protect against them.

Content

• Structure and important organisations of global trade
• Agreements and Documentation
• Delivery terms
• Freight Forwarding
• International Transportation and freights
• International payments
• Customs procedures and duties
• Risks and liabilities
• Packing and marking

Materials

Lecture materials and exercises

ICC Guide to Export-Import - Global Standards for International Trade ( written by Guillermo C. Jimenez, published by ICC palvelu Oy, 5th edition, 2019),

Incoterms 2010 and 2020 by ICC

Brodie; Peter: Commercial Shipping Handbook (2014) Routledge Chapman & Hall

World Trade Report and Statistical Review 2019/2020

Teaching methods

Interactive lectures
Import and export cases
Study visit and guest lectures
Self-study: given literature and assignments

Further information

Opetus englanniksi

Evaluation scale

0-5

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

Assessment criteria, approved/failed

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 methods and criteria

Exam 40 %
Workshops and class exercises 20 %
Group assignment (import and export cases) 40 %

Further information

Tuition in English