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International Trade

Online course with study materials, lecture videos, tutor support and final test and certificates.

TheEducators.com Ltd

Summary

Price
£145 inc VAT
Or £48.33/mo. for 3 months...
Study method
Online
Duration
8 weeks · Self-paced
Access to content
12 months
Qualification
No formal qualification
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

Overview

This International Trade course is designed to provide the learners, and those operating within International Trade, an opportunity to broaden their understanding of global trade issues, and to gain a clear understanding of the processes and practicalities of International Trade.

Course media

Description

Course Content

1- Types Of Economic Integration and Trade Agreements

These blocs offer special concessions to members of the group but impose restrictions on the imports from the non-member countries.

  • Free Trade Area
  • Custom Union
  • Common Market
  • Economic Union
  • WTO and GATT

2- International Marketing

International Marketing presents a more complex task than domestic marketing because of the uncontrollable international marketing environment and their heterogeneity. Hence, making international marketing decision is generally more challenging.

  • International marketing decision
  • Market Selection Decision
  • Entry and Operating Decisions
  • Marketing Mix Decision

3- Documents & Procedures

  • The role of Customs
  • Sources of useful information
  • The International Sales Contract
  • The Export Order
  • Delivery Terms (INCOTERMS® 2010)
  • Commodity Codes
  • The Export Invoice
  • Origin and Preference
  • Payment Methods

4- Payments & Finance

  • Risk assessment
  • Bank Guarantees
  • Advance Payment
  • Open Account
  • Documentary Letters of Credit
  • Documentary Collections & Bills of Exchange
  • Credit Insurance
  • Financing export transactions
  • Foreign Exchange Risk Management
  • Managing the risks – hedging techniques

5- Shipping and Documentation

The roles of the main third parties involved in international trade i.e. carriers, forwarders, Customs, banks, insurers etc

  • Methods of international transport
  • Transport Documents
  • Cargo Insurance
  • Cost elements in a DDP
  • Functions of Bills of Lading, Waybills and Certificates of Shipment
  • Role of Customs regarding export and import declarations

Who is this course for?

The course is suitable for all those involved in importing and exporting specially for those who are planing to start and import & export business. It is also appropriate for corporate service providers such as banks, forwarders, accountants and international trade advisers.

Requirements

There is no special entry requirement.

Career path

This course is very popular with those who are planning to go into import and export business, but also you can work in following positions and companies:

  • Import & Export agents
  • Forwarding agent
  • Logistic companies
  • International sales

Questions and answers

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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