Key words
Commercial and financial techniques, IWETO-code S186 International trade
Objectives
- The course aims at giving students an understanding of the complexity of commerce, current tendencies and evolution.
- Students get an insight into the structure of the Belgian distribution sector.
- Students can assess the importance of exports for the Belgian economy.
- Students gain insight into the flexibility of the commercial process, the risks of business activities and know how to deal with them.
- Students should be interested in the latest global business activities.
- Students get 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 global context
Prerequisites
None
Final Objectives
Knowledge:
General and job-related:- Thorough acquaintance with commercial and financial documents
Skills:
General and job-related:- Following up on the main economic sectors
- Being able to apply trading and financial techniques in given circumstances
Attitudes:
General and job-related:- Eagerness to learn and the ability to keep one's knowledge up to date
Materials used
- Textbook 'Buitenlandse Handel Temmerman Walters, Standaard
- Extra documentation collected by the students themselves (via websites etc); video materials
Study costs
Textbook at the current price; photocopies at the current Hogeschool Gent rate
Study guidance
Students may discuss individual problems with the lecturer.
Teaching Methods
- Formal lectures expanded with current sources.
- Keeping up with current events for each chapter
- Students are encouraged to participate and teamwork is stimulated in interactive discussions.
Assessment
- First exam session : 100% written exam
- Second exam session : 100% written exam
Students registered for the examinations only:- First exam session: 100% written exam in either session
- Second exam session: 100% written exam in either session
Lecturer(s)
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