If you do well in this course, you will be able to:
- Use research to describe patterns of trade, opportunities in local/state/national areas, and pertinent statistics.
- Demonstrate familiarity with relevant economic theory.
- Display an appreciation for the political, economic, technological, sociological environment.
- Master fundamental import, export and barter procedures.
- Understand the process of market assessment and development.
- Know the role of production and sourcing.
- Discuss the sources and methods of financing trade transactions.
- Describe exchange rates, accounting and tax implications, basic insurance and contract aspects.
- Describe international management and labor peculiarities and national customs.
- Differentiate variations and developments such as export, trading companies, counter trade, joint
ventures, subcontracting, turnkey operations.
- Know concepts such as multinational firms, LDC's (Lesser Developed Countries).
- Discuss the basics of relevant government laws - documentation, customers and brokerage.