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 can stress the European integration process and judge its consequences for trade and employment.
- 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 market price; photocopies at the current Hogeschool Gent rate
Study guidance
Students may always discuss individual studying problems with the lecturer
Teaching Methods
Formal lectures with mention of current sources.
Students are encouraged to participate and teamwork is stimulated.
Assessment
- First exam session : 100% written exam
- Second exam session : 100% written exam
Students registered for the examinations:- First exam session: 100% written exam
- Second exam session: 100% written exam
Lecturer(s)
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