Key words
Commercial and financial techniques, IWETO-code S186 International trade
Objectives
The course aims at giving the student an insight into the complexity of commerce, current tendencies and evolution.- The student gets an insight into the structure of the Belgian distribution sector.
- He can evaluate the importance of export for the Belgian economy.
- The student gains an insight into the flexibility of the commercial process, the risks of business activities and knows how to deal with them.
- The student should be interested in the latest global business activities.
- The student gets a survey of current business documents and techniques , financial products, payment techniques and the different financial techniques related to commerce.
Topics
- Trade : origin
- Organisation of trade and distribution
- Intermediaries in trade
- The trade balance
- Characteristics of Belgian international commerce
- Trade policies and treaties
- European integration
- Customs' legislation in international commerce
- Discussion of current trading techniques, financial products
- Documents required in international commerce
- Payment and financial techniques
- Risk management
- Financial sector and organization of the commodity trade in the present
Prerequisites
No specific prescience required.
Final Objectives
Knowledge
Job-related (general):- Have a thorough command of the documents of trade and the financial documents
Skills
Job-related (general):- Follow the big economic sectors
- Ability to apply trade and financial techniques in given circumstances
Attitudes
Job-related (general):- Inquisitiveness and continuously updating one's knowledge
Materials used
Handbook ('Buitenlandse Handel' - Temmerman/Walters - publisher De Boeck).
Extra documentation via websites and own video recordings (collected by students).
Study costs
Handbook at current market price and possibly copies at the unit price determined under Hogeschool rules.
Study guidance
Individual problems may be discussed with the lecturer.
Teaching Methods
- Formal lectures with mentioning of current sources.
- Look for updated knowledge for each chapter
- Students are encouraged to participate and teamwork is stimulated.
Assessment
- First exam session : 100% written exam
- Second exam session : 100% written exam
- Students who only register to take examinations:
first and second exam session: 100% written exam
Lecturer(s)
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