Subject : International Trade

Prerequisites : none

Objectives of the subject :

To achieve a fundamental knowledge from international trade as a discipline and at the same time to explain the students foreign trade transactions and activities of companies in the role of exporters and importers and especially related methods, terms, instruments and documents.

Subject matter:

1. The Economic Basis of International Trade

2. The Pure Theory of International Trade (Extract)

3. Trade Policy of Nations and Barriers to Trade

4. Methods of International Transactions – Direct, Indirect and Organization of Exports

5. Facilitating Routs and Assisting to Exporting and Importing Goods

(Intermediary, Agency and Commissionary Agreements, Sole Sales Representatives)

6. Description of a Company Foreign Trade Transaction

- Typical Phases of an Export Transaction, Division of Responsibilities of Departments

- Phases of an Import Transaction

7. Terms of Delivery (INCOTERMS 1990 and 2000)

8. Logistics in International Trade

9. Insurance against Risks in International Trade

10. Terms and Instruments of Payment Incl. Guarantee of Payment in International Trade

11. Financing of Exports in International Trade and Systems of Export Promotion

(Credit Arrangements, Forfaiting, Factoring, Leasing, Franchising, Non Equity and

Equity Joint Venture)

12. Barter Agreements and Other Similar Trading Operations and Arrangements

Method of assessment :

Credit – Test in writing

Examination – oral

Key texts :

Černohlávková a kol.: Operace v zahraničním obchodě (Vybrané kapitoly) skripta VŠE - Praha 1992

Marvanová - Houda a kol. : PLATEBNÍ STYK aneb platební a zajišťovací dokumenty

ve vnitřním a zahraničním obchodě

Černohlávková - Machková a kol. : Mezinárodní obchodní operace

HZ Editio – Praha 1998 ISBN 80-86009-20-3