International Trade Operations

  • Credits: 7
  • Ending: Examination
  • Range: 2P + 2C
  • Semester: summer
  • Year: 1
  • Faculty of Commerce

Teachers

Included in study programs

International Trade Management

Teaching results

Students will possess following abilities:
- ability to understand the issues of international trade operations,
- overview, categorization, and regulation of international trade operations,
- to provide contractually various forms and specifications for international trade operations.
Students will obtain following skills:
- to propose and evaluate solutions to problems arising in the field of international trade operations,
- to formulate recommendations for the development of individual types of trade operations,
- to carry out international trade operations and evaluate the solutions adopted in several areas of international trade,
- to create separate implementation projects and evaluation procedures for activities in the field of international trade operations.
Students will gain following competences:
- the autonomy and foresight of the various situations in the field of international trade operations,
- initiative and responsibility for the management of working team during the realization of business operations in the international environment,
- to present professionally the results obtained from practice to the professional public.

Indicative content

Principles of trading in the Slovak Republic after accession to the EU, regulation of international trade operations, classification of international trade operations, barter and compensation transactions, special types of trade operations, international auctions, stock exchanges, tenders and electronic trading, intermediary relations in international trade operations, payment and delivery conditions, other conditions of delivery, accompanying documents in international trade and individual stages of export and import trade operation.

Support literature

1. KAŠŤÁKOVÁ, Elena - RUŽEKOVÁ, Viera. Medzinárodné obchodné operácie. Bratislava : Vydavateľstvo EKONÓM, 2019. 200 s. ISBN 978-80-225-4611-9.
2. KAŠŤÁKOVÁ, Elena – BARINKOVÁ, Natália. Potenciál Strednej Ázie v zahraničnom obchode Slovenskej republiky. Bratislava : Vydavateľstvo EKONÓM, 2021. 124 s. ISBN 978-80-225-4882-3.
3. KAŠŤÁKOVÁ, Elena - LUPTÁKOVÁ, Anabela. Position of the Russian Federation in the Foreign Trade of the Visegrad Group Region. Praha : GUPRESS, 2020. 137 s. ISBN 978-80-904926-6-0.
4. RUŽEKOVÁ, Viera – PAVELKA, Ľuboš. Manuál exportéra : základná príručka obchodovania so zahraničím. Bratislava : Vydavateľstvo EKONÓM, 2023. 121 s. ISBN 978-80-225-5049-9.
5. SEYOUM, Belay. Export–Import Theory, Practices, and Procedures (4th ed.). Publisher : Taylor and Francis, 2021. 670 s. ISBN 978-10-030-2050-9.
6. SZATMÁRI, Zsolt. Global Trade and Customs. A Practical Comparison of Major Jurisdictions. Amsterdam: IBFD, 2020. 716 s. ISBN 978-90-8722-626-8.

Syllabus

1. Principles of trade in the Slovak Republic after accession to the EU. Changes in trade in the Slovak Republic since accession to the EU, development of foreign trade of the Slovak Republic, export support, territorial strategies of Slovak exports. 2. Regulation of international trade operations. Tariff and non-tariff regulation. EU Customs Codex, TARIC, EU Generalized Scheme of Preferences. 3. Classification of international trade operations. Division of individual types of trade operations. 4. Basic types of business operations. Re-export, barter and compensatory trades and their use in international trade. 5. Special types of trade operations. Parallel trades, repurchases, offsets, processing operations. Their use and current development trends. 6. International auctions, stock exchanges, tenders, and electronic trading. Current development trends. 7. Intermediary relations in international trade operations. Direct and indirect trading methods. Forms of entering foreign markets. 8. Payment condition in international trade. Documentary and non-documentary payments. Other financing options. 9. Delivery condition in international trade. Delivery parity according to INCOTERMS 2020. Delivery time. Insurance and packaging and marking of goods. 10. Other conditions of delivery in international trade. Complaints about goods, penalties, quantity tolerance, the possibility of withdrawal from the contract and compensation for damage, force majeure, resolution of any dispute and more. 11. Accompanying documents in the realization of international trade operations. Division and characteristics of accompanying documents and their importance in the realization of business operations. 12. Individual stages of the export trade operation: preparation, contracting, realization and termination of the export trade operation. 13. Individual stages of the import trade operation: preparation, contracting, realization and termination of the import trade operation.

Requirements to complete the course

20 % continuous written test
20 % semestral work and its presentation
60 % final written exam

Student workload

Total: study load 7 credits x 26 h = 182 hours
Separate study load for individual educational activities:
Attendance at lectures: 26 hours
Attendance at seminars: 26 hours
Preparations for seminars: 13 hours
Elaboration of a semestral project: 23 hours
Preparation for written verification of knowledge: 24 hours
Preparation for the final exam: 70 hours

Language whose command is required to complete the course

Slovak, English

Date of approval: 09.02.2023

Date of the latest change: 29.02.2024