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GLOBAL INTERNATIONAL TRADE

Syllabus

LEARNING PLAN:
PART 1 - Learning Plan for Theory (Lecture)
Topics Hours/Week Topic learning Outcomes Learning Activities Assessment
1. International trade theories  Identify international trade theories  Discussion  Reflection Paper
a. Classical theories 1st wk  Internalize lessons from international trade  Reflection Paper
b. Neo-classical theories theories
c. Test of trade models  Write reflection paper about international
d. Modern theories trade theories
2. Current trends and historical patterns of  Recognize pros and cons of engaging into  Interactive Lecture  Pen & paper/
international trade in goods and international trade & Discussion Quiz
services 2nd wk  Cite for the functions of international trade,  Oral recitation  Assignment
a. Motives for engaging into international dynamics and structure of commodity  Research paper
trade (pros and cons) structure and territorial structure
b. Functions of international trade,  List different terms of trade
dynamics and structure of commodity
structure and territorial structure
c. Terms of trade
3. Current trends and historical patterns of  Explain international trade position and in  Interactive Lecture  Oral recitation /
international trade in goods and services & Discussion Seatwork
services (PART II) 3rd wk  Recognize the impact of economic crisis on  Oral recitation
d. International trade position of Central international trade and how it recovered
and Eastern Europe  Importance of international trade
e. International trade in services
f. Impact of economic crisis on
international trade, its recovery
4. Global competitiveness  State definition of competitiveness and its  Interactive Lecture  Paper & pen /
a. Competitiveness of countries and measurement (quantitative and & Discussion Quiz
companies in changing and globalized multidimensional approach)  Oral recitation  Video
4th wk
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world  Cite for competitiveness of countries and  Case study Presentation

b. Definition of competitiveness and its companies in changing and globalized world
measurement (quantitative and  Identify the case study on CEE countries
multidimensional approach)
c. Global competitiveness report of WEF,
examples.
5. International Trade Policy  List international trade policy  Interactive Lecture  Long Quiz
a. Framework of trade policy, trade policy  Recognize trade policy tools & Discussion  Seatwork
as a system with internal and external 5th wk  Internalize the role of WTO of a country  Oral recitation  Project
links.  Reflection paper  Assignment
b. Trade policy tools (tariffs and their
deadweight loss, quotas, subsidies
and other non-tariff barriers,
safeguards).
c. Development and current role of the
WTO, arguments for trade protection
and trade promotion as part of
competitiveness of a country.
6th wk PRELIM EXAMINATION
6. Legal aspects of international business,  Analyze international legal forces  Interactive Lecture  Oral recitation/
intellectual property rights  Notice International dispute settlement & Discussion Quiz
a. International legal forces (rule of law, 7th wk and litigation process  Oral recitation  Essay writing
sources of international law,  Enumerate organizations dealing with  Reflection Paper  Homework
extraterritoriality). intellectual property
b. International dispute settlement and
litigation process.
c. Organizations dealing intellectual
property.
7. Legal aspects of international business,  Discuss forms of intellectual property  Interactive Lecture  Paper & pen /
intellectual property rights (PART II)  Study intellectual property management & Discussion Quiz
a. Forms of intellectual property (patents, 8th wk  Importance of copyright  Oral recitation  Assignment
trademarks and trade names,
copyrights, industrial design and
geographical indication).
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b. Intellectual property management

8. Multinational corporations  Define multinational corporations  Interactive Lecture  Oral recitation
a. Brand value and its measurement  Explain multinational corporation and its & Discussion  Video
b. Definition of a multinational corporation 9th wk different approaches  Oral recitation presentation
(different approaches)  Internalize Advantages and disadvantages of  Research paper
c. Historical developments and current multinational corporations
trends and importance in global
9. Ways of doing business internationally  Identify the difference between domestic and  Interactive Lecture  Written
a. Difference between domestic and international business & Discussion assessment
international business  Analyze the methods of going international  Written activity  Project
b. Methods of going international at early 10th wk at early stage  Oral recitation  Assignment
stage (importing, exporting).  Recognize the role of the middleman
c. Indirect exporting and the role of the
middleman (broker, agent, importer),
main advantages and disadvantages.
10. Ways of doing business internationally  Define licensing and franchising  Interactive Lecture  Oral recitation
(PART II)  State main advantages and disadvantage of & Discussion  Long Test
d. Licensing and franchising, main licensing and investment  Oral recitation
advantages and disadvantage.  Importance of investment  Problem solving
e. Investment, main advantages and 11th wk
disadvantages

12th wk MIDTERM EXAMINATION

11. International investment  Distinguish theories of FDI and its definition  Interactive Lecture  Short quiz
a. Definition of FDI, theories of FDI (on  Compare types of FDI and role of & Discussion  Homework
macro level, on micro level, governments  Individual activity
development theories, eclectic 13th wk  Search recent trends and developments of  Research paper
theories). FDI
b. Types of FDI and role of governments
(attraction of investment).
c. Recent trends and developments of
FDI, flows by regions and type of
capital, role of divestment.

12. Sociocultural aspects of international  Importance of culture and society in  Interactive Lecture  Oral Recitation/
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business business & Discussion Quiz

a. Why is culture and society important 14th wk  State elements of culture and their impacts  Individual activity  Homework
for business? on how business is conducted
b. Definition of society and culture.  Cite for examples of unsuccessful
Individual elements of culture and their communication in foreign countries
impacts on how business is conducted.
c. Examples of unsuccessful
communication in foreign countries

13. Corporate social responsibility  Study CSR, brief history reasons and its  Interactive Lecture  Paper & pen /
a. Definition of CSR, brief history, main principles & Discussion Quiz
reasons and the main principles 15th wk  Study the cases on how CSR can change a  Sales presentation  Assignment
(philanthropy, shared-value creation, company  Project
benefiting from results and pressure  Internalize the main benefits and concerns of
from parent company) CSR
b. Main benefits and concerns. Examples
and case studies on how CSR can
change a company
14. Globalization in World Trade and World  Recite macroeconomic aspects of the  Interactive Lecture  Oral recitation/
Economy globalization & Discussion Essay writing
a. Macroeconomic aspects of the 16th wk  Explain comprehensively the influence of  Individual activity  Video
globalization trade and capital flows  Group discussion presentation
b. Influence on trade and capital flows,  Identify the effects of on the microeconomic and Reporting
current situation in the global economy level  Case study
and its short-term forecast
c. Effects of globalization on the
microeconomic level
15. Globalization in World Trade and World  Identify the emergence of global corporate  Interactive Lecture  Paper & pen /
Economy (PART II) networks & Discussion Quiz
d. The emergence of global corporate  Discuss Implications of the globalization for  Individual activity  Assignment
networks 17th wk individual economic entities
e. Implications of the globalization for  Enumerate entrepreneurial strategies in a
individual economic entities globalizing world economy
f. Entrepreneurial strategies in a
globalizing world economy
18th wk FINAL EXAMINATION
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