Course: Selected Operations in International Trade and Services

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Course title Selected Operations in International Trade and Services
Course code KMG/VOMO
Organizational form of instruction Lecture
Level of course Bachelor
Year of study not specified
Semester Winter
Number of ECTS credits 3
Language of instruction Czech
Status of course Compulsory-optional
Form of instruction Face-to-face
Work placements Course does not contain work placement
Recommended optional programme components None
Lecturer(s)
  • Demel Jaroslav, Ing. Ph.D.
Course content
1. The purchase contract in international trade and services, concept, rules, forms, formation, formalities. The type, quality, quantity, package, sign. Delivery dates, link to corporate strategy in purchasing and sales of stocks. Price, relationship with other conditions, risks and hedging. Delivery parity. The payment condition, location, time, method of payment, swift and documentary payments, documentary collections, documentary letters of credit, checks, bills. Risks associated with the payment terms and methods of hedging. Additional terms of the sales contract. Implementation and termination of purchase contract. Failure of contracts and prevention of conflicts. 2. Financing of international trade and services. The importance and risk to the seller and buyer. Services of financial institutions for exporters. Buyer's credit. Factoring, forfeiting, leasing. 3. Control and storage operations. The importance of control for trade, contract security, control companies, control certificates. Place of storage operations in the international trade, types of stores, contracts, documents. 4. International transport of goods. Contracts and bodies in international transport. Characteristics of different types of transport, rationalization of transport systems, the operation of international organizations in the various modes of transport, used documents. 5. Insurance for international trade. Insurance institutions and insurance contracts, types of insurance in international trade. Insurance of international shipments of goods, the extent of insurance, insurance terms, claims handling, used documents. English insurance contract. 6. Customs. Legislation of CR. Basic concepts of the Customs Act. Customs, the types of tariffs, customs debt. Customs Tariff. The origin of the goods, destination and demonstrating documents. Customs value determination methods, proof. Customs-approved treatment and modes in practice. Customs procedures, process, documents.

Learning activities and teaching methods
Monological explanation (lecture, presentation,briefing)
  • Class attendance - 28 hours per semester
Learning outcomes
The aim is to acquaint students with the practical implementation of selected transactions and their importance for the implementation of international trade in goods and services.
Students obtain knowledge in given course in accordance with requirements and course programme.
Prerequisites
unspecified

Assessment methods and criteria
Student's performance analysis

credit: 2 tests during semestr
Recommended literature
  • BENEŠ, V. a kol. Zahraniční obchod, Grada Publishing 2004.. ISBN 80-247-0558-3.
  • ČERNOHLÁVKOVÁ, E., MACHKOVÁ, H. a kol. Mezinárodní obchodní operace. III. Grada Publishing 2004.. ISBN 80-247-1678-X.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics Study plan (Version): Tourism (2016CR) Category: Economy 2 Recommended year of study:2, Recommended semester: Winter
Faculty: Faculty of Economics Study plan (Version): Financial and insurance services (2016FPS) Category: Economy 2 Recommended year of study:2, Recommended semester: Winter