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FOREIGN TRADE TRANSACTIONS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
IBT231 FOREIGN TRADE TRANSACTIONS 3 2 2 4

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Defines the fundamental concepts of foreign trade.
Explains the stages of import and export processes, including the documents, delivery methods, and payment methods used in international transactions.
Analyzes foreign exchange markets, balance of payments, and key economic indicators to interpret their impact on foreign trade activities.
Evaluates risks encountered in foreign trade transactions and proposes appropriate risk management and financing strategies within national and international frameworks.