Import and Export Trade Operations
- Credits: 7
- Ending: Examination
- Range: 2P + 2C
- Semester: winter
- Year: 3
- Faculty of Commerce
Teachers
Included in study programs
Teaching results
Students will possess following abilities:
- ability to understand the issue of import and export trade operations at EU level,
- regulation of intra-EU trade operations,
- to provide contractually the basic forms of trade operations.
Students will obtain following skills:
- to propose solutions in the area of basic import and export trade operations,
- to carry out simple business operations and adopt solutions from the areas of international business,
- to use creatively different methods in the field of trading principles at EU level and apply such trade operations.
Students will gain following competences:
- autonomy in dealing with the specific problems of import and export operations in a changing international environment,
- decision-making responsibility for the implementation of simple business operations within the EU,
- the ability to present appropriately and professionally their views within the use of basic types of business operations.
Indicative content
The position of foreign trade in the national economy. Quantification of foreign trade in the
economy of state. Foreign trade of the Slovak Republic and its importance. The influence of individual industries on the development of Slovakia's foreign trade. Institutional support of foreign trade activities in Slovakia. Development of EU foreign trade. Regulation of trade operations within the EU. Principles of trade within the European Economic Area, with third countries based on preferential and non-preferential agreements. Basic models of business operations: export- import, licensing and investment (capital). Import, export, re-export trade operations. Shipping and payment terms. Intermediary relationships. Packaging and insurance of goods in international trade. Methods of carrying out export and import trade operations.
Support literature
1. Hill, Charles. International Business. Competing in the Global Marketplace. McGraw-Hill Education Ltd., 2020. ISBN13: 9781265714161
2. KAŠŤÁKOVÁ, Elena - LUPTÁKOVÁ, Anabela – ŽATKO, Matúš. The Importance of the Eurasian Economic Union for Shaping of EU Trade Strategies. Praha : Leges, 2022. ISBN
3. KAŠŤÁKOVÁ, Elena - LUPTÁKOVÁ, Anabela. Position of the Russian Federation in the Foreign Trade of the Visegrad Group Region. Praha : GUPRESS, 2020. ISBN 978-80-904926-6-0.
4. SEYOUM, Belay. Export–Import Theory, Practices, and Procedures (4th ed.). Publisher : Taylor and Francis, 2021. 670 s. ISBN 978-10-030-2050-9
5. The Staff of Entrepreneur Media - RICH, Jason R. Start Your Own Import/Export Business (Startup) Kindle Edition. Publisher : Entrepreneur Press, 2021. 272 s. ISBN 978-16-130-8429-8.
Syllabus
1. The position of foreign trade in the national economy. Characteristics of basic terms. The role and importance of the WTO - regulation of world trade. Quantification of foreign trade in the state economy. One-factor and multi-factor evaluation indicators. 2. Changes in the development of SR foreign trade after accession to the EU in the territorial and commodity structure. Factors influencing the development of foreign trade in SR. 3. Institutions supporting foreign trade activities and investments in Slovakia and their importance. Forms of export promotion and the strategy of promoting external economic relations in Slovakia. 4. Regulation of trade operations within the EU and within the European Economic Area. INTASTAT statistical survey. RAPEX and RASFF rapid information exchange systems. EEA Agreement. The European Free Trade Association, its importance and the difference between the EFTA and the EU. The special position of Switzerland. 5. Principles of the EU (and SR) trade with third countries based on preferential and non-preferential agreements based on selected countries. 6. Tariff regulation of EU foreign trade activities. Union Customs Code and its elements, assessment of customs debt, EU Common Customs Tariff and its aspects. Customs duties and tariffs in the EU, TARIC information system. 7. Non-tariff regulation of EU foreign trade activities, use of EU safeguard measures in trade with third countries. The EU's Generalised System of Preferences and its importance. 8. Basic models of trade operations: export-import, licensing and investment (capital). Advantages and disadvantages of individual models. 9. Intermediary relationships within international business. Direct and indirect business methods. Forms of entering foreign markets. 10. Payment terms in international business. Documentary and non-documentary payments. Other financing options in international trade. 11. Shipping condition in international business. Shipping parity according to INCOTERMS 2020. Delivery period. Insurance and packaging of goods. Accompanying documents in international business. 12. Export trade operations in international business. The course and provision of such business operations in international trade. 13. Import trade operations in international business. The course and provision of such business operations in international trade.
Requirements to complete the course
• 20 % continuous written test,
• 20 % semestral work and its presentation,
• 60 % final written exam.
Student workload
Total: study load 182 hours
Separate study load for individual educational activities:
Attendance at lectures: 26 hours
Attendance at seminars: 26 hours
Preparation for the seminars: 13 hours
Elaboration of a semesterly 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: 10.03.2025
Date of the latest change: 16.01.2026