International Business and Trade Syllabus 1

 

ST ST.. BENILDE CENTER FOR GLOBAL COMPETENCE, INC. Olongapo City

SYLLABUS SUBJECT TITLE:

ACADEMI FIRST C YEAR SEMESTE R 20192020

INTERNATIONAL INTERNA TIONAL BUSINESS AND TRADE

NO. OF HOURS: NO. OF THEORETI PRACTICA WEEKS: CAL: L: 18 54 0

  ORE SUBJE T DES RIPTION: This introductory course focuses on the core concepts and techniques for entering the international marketplace. Emphasis is on the effect of sociocultural, demographic, economic, technological, and political-legal the foreign trade environment. As an introductory course,ofwe cover a variety marketing, of topics toand illustrate the unique natureofoftheinternational business including the patterns offactors worldintrade, currency exchange and international finance, survey globalization thewill firm, international operating procedures multinational enterprise. The course demonstrates how international business variables affect the trade process. It aims to highlight the realities of international business, some of the its advantages and concerns that come when business is conducted on the international stage.   ORE SUBJE T INTENDED LEARNING OUT OMES( ILOs): At the end of the semester, semester, the learners should be able to do the following: By the end of this course, the students should be able to explain and demonstrate the following: terminologies used in international business and trade including its differenc differences; es; (2) Globalization; (3)  A. Background of International Business and Trade:  (1) Definition of different terminologies Philippines’ position in International Business and Trade. B. Theories of International Trade and Investment:  (1) Advantages of Specialization; (2) Concept of Comparative Advantage System:  (1) The Role of the International Monetary Fund; (2) Exchange Rates, its calculation and the foreign exchange market; (3) The Regional Currency C. International Monetary System: (1) (Euro) and Its impact. D. Economic Integration: (1) Integration:  (1) Levels of Economic Integration; (2) The ASEAN; (3) WTO; (4) APEC; (5) NAFTA, etc. Policies:  (1) Role of Foreign Trade in International Trade and Investment; (2) Foreign Trade and Investment Policies of the Philippines and its impact to the E. Trade and Investment Policies: (1) Philippine economy. F. Politics and Laws: (1) Laws:  (1) Regulating International Business Behavior; (2) Foreign Corrupt Practices; (3) Role of International Law and Organizatio Organizations ns in the Conduct of International Business. hallenges:  (1) Impact of Culture in International Business, (2) Elements of Culture and how it shaped the international business. G. ultural hallenges: (1) H. International Expansion of Business: (1) Business:  (1) Entry strategies; (2) indirect importing and exporting; (3) licensing and other international practices. hain:  (1) International Logistics, (2) Free Trade Zones; Import and Export Documentation and Processes; (3) Cost Control mechanism in international business; (4) I. Global Supply hain: (1) addressing border challenges.

 

Marketing:  (1) targeting a foreign market; (2) pricing strategy for import and export products; (3) analyzing and estimating the market potential. J. International Marketing: (1) L. International Human Resources: Resources: (1)  (1) objectives of human resource management in international organizations (2) Transformations of HR Functions from domestic company to a global company; (3) advantages and disadvantages of training employees in different countries.   ORE SUBJE T REFEREN ES: 1. 2. 3.

hps://globaledge.msu.edu/ hps://www.economist.com/ hps://www.f.com/

4.  Related Philippine laws and policies PERIOD EEK 1 TO

TOPICS

INTENDED LEARNING OUTCOMES

Introduction to International Explain and demonstrate the following: Business and Trade (A) International Business and T Trade: rade: (B)  T  Terminologies erminologies used used in international business and trade: 1. Absolute advantage 2. Balance of payment 3. Bill of lading 4. Exchange rate 5. Exporting 6. Free trade 7. General Agreement on Taris and  T  Trade rade (GATT) (GATT) 8. Foreign direct investment 9. Import quota 10. International Monetary Fund 11. North American Agreement (NAFTA) Free Trade 12. Price discrimination 13. Specic tari  14. Ad valorem tari 15. Subsidy 16. Voluntary export restraint 17. World bank 18. World trade organization 19. Tari  20. Customs duty 21. Dumping 22. Anti-dumping duty 23. Countervailing duty 24. INCOTERMS 25. ASEAN  

TEACHING & LEARNING ACTIVITIES • Subject Orientation, Class Rules and Regulations • Getting to know each other/Ice break b reaker er • Share Brainstorming • Movie/video watching • Focused trade Listingvocabulary (list all international that you know and explain its meaning) • Lecture (Facilitator)

ASSESSMENT METHOD / TASKS / TIME ALLOTME CRITERIA NT 9

REFERENCES & TEACHING TEACHING DEVICES

Quizzes, Recitation, https://www.youtube.com/watc Reading, discussion Reading, h?v=JqQSfEzUqxo https://www.youtube.com/watc h?v=lMdhfBQUhtI&t=96s

 

 

. 27. Import License and Import Permit 28. Countervailing measures 29. Carrier 30. CIF 31. FOB 32. Certicate of Origin 33. Commercial Invoice 34. Consular Invoice 35. De minimis 36. Embargo 37. Ex Works 38. Export license 39. Regulated commodities 40. Non-regulated commodities 41. Harmonized system 42. Most Favored Nation treatment 43. Modes of delivery 44. Multilateral trade agreement 45. Non-tari barriers 46. Packing list 47. Protective taris 48. Quota 49. Export declaration 50. Import declaration 51. Letter of credit 52. Wharfage 53. Arrastre 54. Stevedoring 55. Balance of trade1. Absolute advantage 2. Balance of payment 3. Bill of lading 4. Exchange rate 5. Exporting 6. Free trade 7. General Agreement on Taris and  T  Trade rade (GATT) (GATT) 8. Foreign direct investment 9. Import quota 10. International Monetary Fund 11. North American Free Trade Agreement (NAFTA) 12. Price discrimination 13. Specic tari  14. Ad valorem tari 15. Subsidy 16. Voluntary export restraint  

 

 

. 18. World trade organization 19. Tari  20. 21. Customs Dumping duty 22. Anti-dumping duty 23. Countervailing duty 24. INCOTERMS 25. ASEAN 26. ASEAN Free Trade Area 27. Import License and Import Permit 28. Countervailing measures 29. Carrier 30. CIF 31. FOB 32. Certicate of Origin 33. Commercial Invoice 34. Consular Invoice 35. De minimis 36. Embargo 37. Ex Works 38. Export license 39. Regulated commodities 40. Non-regulated commodities 41. Harmonized system 42. Most Favored Nation treatment 43. Modes of delivery 44. Multilateral trade agreement 45. Non-tari barriers 46. Protective Packing listtaris 47. 48. Quota 49. Export declaration 50. Import declaration 51. Letter of credit 52. Wharfage 53. Arrastre 54. Stevedoring 55. Balance of trade ; (C) Globalization; (D) Philippines’ position in International Business and Trade.

 

Week 3

Theories o Internaonal Trade and Investment

explain and demonstrate the ollowing: (A) Theories o Internaonal Internaonal Trade and Investment, (B) Advantages Advantag es o Specializaon; (C) Concept o Comparave Advantage

Surng and discussions, Video watching Focused group discussion

3

Quizzes, Recitaon, Reading, discussion

hps://www.youtube.com/watch?v=W hps://msmiza9.les.wordpress.com/2

hps://www.youtube.com/watch?v=V

hps://www.youtube.com/watch? v=4rUoU04QJM

 

Week 4

International Monetary System explain and demonstrate the following: & International Trade Finance International Monetary System: (1) The Role of the International MonetaryFo MonetaryFocused cused group discussion (2) The Role of the World Bank (3) Exchange Rates, its calculation and the foreign exchange market; (4) factors inuencing exchange rates;

hps://pds.semancscholar.org/731 8/8b14d0a7957d4b70ab5d891515  5a09e2.pd 

3

Quizzes, Recitation, Recitation, Reading, discussion http://www.imf.org/en/About

https://www.investopedia.com/

https://www.investopedia.com/

(5) economic impact of increase or decrease of exchange rates; (6) nancing exports and imports

https://www.youtube.com/watc https://www.youtube.com/watc https://www.youtube.com/watc https://www.youtube.com/watc https://www.youtube.com/watc

https://www.youtube.com/watc

 

https://www.youtube.com/watc

https://www.youtube.com/watc https://www.youtube.com/watc

https://www.cengage.com/reso

Week 5

Economic Integraon

explain and demonstrate the ollowing:

Surng and discussions

Economic Integraon

Video watching

(1) Levels o Economic Integraon; Integraon;

Focused group discussion

3

Quizzes, Recitaon, Reading, discussion

hps://www.britannica.co .britannica.com/topic/ec m/topic/eco hps://www

(2) Reasons or economic integraon integraon (3) ASEAN

hps://www.pwc.com/gx/en/issues/e

(4) WTO (5) OPEC (6) NAFTA

hp://documents.worldbank.org/cura

(7) Others

hps://www.trademarkea.com/news/

hp://siteresources.worldbank.org/EX