Fundamentals of International Trade
Course Modules
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Module 1: Introduction to International Trade
This module provides an overview of international trade, its history, and its importance in the global economy.
Lesson 1: Historical Context of International Trade
Explore the evolution of trade from ancient civilizations to modern globalization.
Lesson 2: Importance of Global Commerce
Understand why international trade is crucial for economic growth and development.
Lesson 3: Current Trends in International Trade
Analyze recent developments and emerging patterns in global trade.
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This module delves into the core principles and impacts of trade policies, exploring the various types, their economic effects, and the key institutions that shape global trade dynamics.
Lesson 1: Introduction to Trade Policies
Learn about trade policy, its type , its impact and the key institutions in it.
Lesson 2: Tariffs and Their Effects
Learn about tariffs, its type, its economic effects and global trends in it.
Lesson 3: Import Quotas and Non-Tariff Barriers
Learn about import quotas, its type, its effects and the concept of Non-Tariff Barriers.
Lesson 4: Export Subsidies and Domestic Support
Discover the fundamentals of Adam Smith's economic principles and how they influence modern economic policies and global trade dynamics.
Lesson 5: Exchange Rates and Trade Policy
Unlock the complexities of exchange rates and trade policy, from their fundamental concepts to their impacts on global trade and international relations.
Lesson 6: Trade Policy Analysis and Evaluation
Master trade policy analysis and evaluation, from objectives to impacts and stakeholder perspectives.
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Discover payment methods, forex fundamentals, and risk management in international trade finance. Gain insights into navigating the complexities of global commerce.
Lesson 1: Introduction to Trade Finance
Explore the fundamentals of trade finance and its crucial role in international trade.
Lesson 2: Methods of Payment in International Trade
Explore the various methods of payment used in international trade, along with their advantages and risks.
Lesson 3: Documentary Collections
Explore Documentary Collections, an important method of payment in international trade.
Lesson 4: Open Account and Advance Payment
Explore two contrasting payment methods in international trade: Open Account and Advance Payment.
Lesson 5: Foreign Exchange Basics
Explore the fundamentals of foreign exchange (forex) and its crucial role in international trade.
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This module delves into the complexities of international trade regulations, focusing on customs procedures, tariffs, export controls, and sanctions. It highlights the essential documentation required for smooth trade operations and emphasizes the importance of trade compliance and ethics in global commerce.
Lesson 1: Introduction to International Trade Regulations
Introduce the complex world of international trade regulations and why they are crucial for global commerce.
Lesson 2: Customs Procedures and Documentation
Explore the critical aspects of customs procedures and the documentation required for international trade.
Lesson 3: Tariffs and Trade Barriers
Explore tariffs and other trade barriers, their impact on international trade, and strategies for navigating these challenges.
Lesson 4: Export Controls and Sanctions
Explore export controls and sanctions, crucial aspects of international trade regulation that businesses must navigate carefully.
Lesson 5: Customs Procedures and Documentation
Explore customs procedures and the essential documentation required for smooth international trade operations.
Lesson 6: Trade Compliance and Ethics
Explore the critical importance of trade compliance and ethics in international business operations.
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Module 5: Global Supply Chain Management
This module covers the fundamentals of global supply chain management, from logistics and inventory management to risk and sustainable practices. Through real-world case studies, learners will explore the challenges and strategies for optimizing global supply chains.
Lesson 1: Introduction to Global Supply Chain Management
Understand global supply chain management, its components, importance, challenges, and future trends, including the Triple Bottom Line approach.
Lesson 2: International Logistics and Transportation
Introduce international logistics, including its key concepts, transportation modes, key players, trade terms, documentation, challenges, and technological advancements.
Lesson 3: Inventory Management in Global Supply Chains
Outline inventory management in global supply chains, including its importance, techniques, challenges, technology use, and key performance indicators.
Lesson 4: Supply Chain Risk Management
Provide an overview of Supply Chain Risk Management (SCRM) in global trade, including its importance, risk identification and assessment, mitigation strategies, technology use, and regulatory compliance.
Lesson 5: Sustainable Supply Chain Management
Outline Sustainable Supply Chain Management (SSCM), emphasizing its importance, key elements, implementation, measurement, and the challenges and opportunities it faces in global trade.
Lesson 6: Case Studies in Global Supply Chain Management
Examine real-world case studies that illustrate the challenges, strategies, and innovations in global supply chain management.