Foreign Trade - Master / Doctorate

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Module: “Foreign Trade” - Professional Master of Science / Doctorate in International Business (e-learning)

The module “Foreign Trade” is part of the following Online Higher Education Programs taught by EENI:

The objective of the module “Foreign Trade” (25 ECTS) is to provide all the knowledge, tools, and techniques necessary to manage all the technical aspects related to the foreign trade of an exporting company: Incoterms, customs, documents, letters of credits, international finance, and contracts.

The subjects of the Module 2 are:

Maestría Comercio Exterior (Módulo)

Between [] number of ECTS

Import/Export Documents [1]
Incoterms [2]
Customs Procedures [3]
Methods of payment. Letters of Credit [3]
International Trade Finance [3]
1. FOREX
2. International bonds
International Contracts [3]
1. Anti-corruption Clause of the International Chamber of Commerce (ICC)
2. United Nations Commission on International Trade Law (UNCITRAL)
Trade in Services [2]
Non-tariff Measures [6]
Trade Facilitation [2]

Download in PDF: Syllabus of Foreign Trade Related Subjects

Non-tariff Measures (PDF)

The specific objectives of the module two “International Trade” of the Master / Doctorate in International Business are to understand

The different types of documents used in the international trade, which documents usually require the customs, the requirements for the various documents and how to fill in these documents correctly
The responsibilities of the exporter and importer under the Incoterms 2010 and how the Incoterms are used in the international trade transactions
The role and functioning of the Customs and the customs agent
1. To become familiar with the import procedures
2. The different customs procedures and the methods of classification of products
3. To learn how to complete the customs documents
4. To know how to identify the non-tariff measures (technical and non-technical)
5. To understand the role of the World Customs Organisation and the World Trade Organisation
The various methods of payment used in the international trade and outlining their differences, advantages, and disadvantages both for the importer and the exporter.
1. What the Documentary collections are and how they work
2. Export and import collections will be analysed
3. Importance of the Documentary Credits (letters of credit) in the international trade
4. How the Documentary Credit works and the obligations of the involved parties
The various methods of finance both for exports and imports.
1. Fundamentals of the Foreign Exchange Market.
2. The different types of bonds and guarantees and how they operate
3. The various methods of managing the foreign exchange and the country risk
4. The forward exchange contracts and the currency options will be examined in greater detail
5. Forfeiting, Factoring, and Invoice Discounting will be analysed
6. The different types of international bonds and guarantees and how they operate
The pillars of the international contracts as they are used in the international trade transactions
The key concepts related to the trade in services: modes of supply, most-favoured-nation, liberalisation, market access...
How to identify and distinguish the non-tariff measures (technical and non-technical) in the foreign trade
The key concepts of the Trade Facilitation Programs