Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|---|---|---|---|---|
CURRENT ISSUES in INTERNATIONAL TRADE | ITF3113638 | Fall Semester | 2+0 | 2 | 3 |
Course Program | Çarşamba 15:30-16:15 Çarşamba 16:30-17:15 |
Prerequisites Courses | |
Recommended Elective Courses |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | Assist.Prof. Metin GÜRLER |
Name of Lecturer(s) | Assist.Prof. Metin GÜRLER |
Assistant(s) | |
Aim | To examine the current problems (issues) in international trade and to analyze the solution methods of these problems in the process of globalization and to learn the techniques of solving problems and to take necessary measures (precautions) before problems arise by examining current problems in international trade. |
Course Content | This course contains; .Definition of Foreign Trade .International Organizations for Foreign Trade: GATT/WTO, UNCTAD, Intracen/ITC, OEEC/OECD, IMF,Phases of Being International (Export, Multinational "MNCs"/Transnational "TNCs" Corporations, Global Firm), FDI, Trade in Value Added (TIVA),.Agreements With International Organizations on Foreign Trade: Multilateral Trading System, World Trade Organization (WTO) Membership, Trade Agreements .Economic Integrations: Preference Trade Agreement (Generalized System of Preferences), Free Trade Agreements (Regional Trade Agreements), Customs Union, Single Market, Monetary Union, Economic Union,Current Foreign Trade Problems (Current Issues in Foreign "International" Trade),Foreign Trade Protectionism/Foreign Trade Restrictions,Foreign Trade Restrictions: .Tariffs .Quotas .Other Non-Tariff Barriers/Mesures (NTMs), etc.,Tariffs .Bound/Ceiling Tariffs . Most Favoured Nation (MFN) Tariffs . AHS EFffectively Applied Tariffs (Preferenece "Discount" Rate Under the Trade Agreement) . Specific Tariffs .Ad Valorem Tariffs ,Trade Related Indicators .Trade Costs ..Distances ..Trade Related Indicators/Indices .Market, Supplier, Importing Commodity, Exporting CommoditY Concentration ,From Three Communities (ECSC, Euratom, EEC) to the Union .EU .EU Trade Policy .Single Market .Custom Union (EU & Türkiye Political and trade Relationship),Analysing the Effects of Current Issues (Such as Global Financial Crisis, Regional Conflicts/Wars, Pandemic, Global Inflation, etc.) on International Trade (Global in Total, Country and Sectoral Breakdown) ,Samples of Different Economic Integrations .NAFTA (USMCA) .EFTA .RCEP .CPTPP .ECOWAS .ASEAN .African Union/ AfCFTA (African Continental Free Trade Area),Application of Tariffs ( Most Favoured Nation "MFN" Tariff Rates and Effectively Applied Tariff Rates "AHS") and Non-Tariff Measures (NTMs) on Foreign Trade (Applied Sample Country Study-Bilateral Foreign Trade Analysis),International and Public (Government) Institutions Related to the Solution of Problems (Issues) in Foreign Trade: Dispute Settlement Body at the WTO (The Analysis of Türkiye's Current Disputes),The analysis of the impact of external risks (shocks/threats)/opportunities on the foreign trade of countries by creating a "Fragility (Vulnerability) /Resilience Index" with the minimum-maximum method by using different macroeconomic and trade related indicators.. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
6.2.Benchmarks different economic integrations and trade agreements around the world | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | D, F |
1. Will be able to understand and analyse the problems (issues) that have emerged or may emerge in the current global, regional and domestic situation and the effects of these problems on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
1.1. Interprets the problems that have arisen or may arise in the current situation globally, regionally and domestically. | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
1.2. Analyses the effects of the current or potential problems (issues) in the global, regional and domestic situation on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
2. Will be able to understand and analyse the opportunities that have emerged or may emerge in the current global, regional and domestic situation and the effects of these opportunities on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
2.1. Establishes a cause and effect relationship between the opportunities that arise or may arise globally, regionally and domestically and the effects of these opportunities on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
2.2. Analyses the effects of the current or potential opportunities in the global, regional and domestic situation on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
3. Will be able to analyse the MFN tariff rates and AHS Effectively Applied Tariff rates of the current and potential market countries, considering their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
3.1. Compares (benchmarks) the MFN tariff rates of existing and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
3.2. Analyses the MFN tariff rates of existing and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
3.3. Compares (benchmarks) the AHS Effectively Applied tariff rates of existing and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
3.4. Analyses the AHS Effectively Applied tariff rates of the current and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
4. Will be able to analyse non-tariff barriers/measures (NTMs) of existing and potential market countries, considering their bilateral trade with Turkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
4.1. Compares the non-tariff barriers/measures (NTMs) of current and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
4.2. Analyses the non-tariff barriers/measures (NTMs) of existing and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
5. Will be able to obtain data on global inflation, unemployment, policy interest rates, financial crisis, etc. along with measures restricting foreign trade such as tariffs and non-tariff barriers/measures (NTMs) and analyse and interpret these data | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
5.1. Obtains data on global inflation, unemployment, policy interest rates, financial crisis, etc. together with measures restricting foreign trade such as tariff and non-tariff barriers/measures (NTMs) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
5.2. Makes data such as global inflation, unemployment, policy interest rates, financial crisis, etc., together with measures restricting foreign trade such as tariff and non-tariff barriers/measures (NTMs), meaningful with figure and table analysis | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
5.3. Analyses and interprets data such as global inflation, unemployment, policy interest rates, financial crisis, etc. together with measures restricting foreign trade such as tariff and non-tariff barriers/measures (NTMs) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
5.4. Analyses the effects of trade restrictive measures such as tariffs and non-tariff barriers/measures (NTMs) as well as regional conflicts and wars on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
6. Will be able to examine the effects of regional economic integration at different levels on Türkiye's foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
6.1. Interprets the World Trade Organization's Most Favored Nation rule | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
6.3. Interprets the agreements such as trade agreements made by Türkiye within the scope of its trade policies (Free/Regional Trade Agreement, Customs Union and Preferential Trade Agreement). | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
6.4. Analyses the agreements such as trade agreements (Free/Regional Trade Agreement "FTA/RTA", Customs Union "CU" and Preferential Trade Agreement "PTA") made by Türkiye within the scope of trade policies | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
6.5. Prepares the trade policies on how Türkiye will benefit from world economic integrations and trade agreements | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 19: Brainstorming Technique, 4: Inquiry-Based Learning, 5: Cooperative Learning, 6: Experiential Learning, 8: Flipped Classroom Learning, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam, D: Oral Exam, E: Homework, F: Project Task |
Course Outline
Order | Subjects | Preliminary Work |
---|---|---|
1 | .Definition of Foreign Trade .International Organizations for Foreign Trade: GATT/WTO, UNCTAD, Intracen/ITC, OEEC/OECD, IMF | |
2 | Phases of Being International (Export, Multinational "MNCs"/Transnational "TNCs" Corporations, Global Firm), FDI, Trade in Value Added (TIVA) | |
3 | .Agreements With International Organizations on Foreign Trade: Multilateral Trading System, World Trade Organization (WTO) Membership, Trade Agreements .Economic Integrations: Preference Trade Agreement (Generalized System of Preferences), Free Trade Agreements (Regional Trade Agreements), Customs Union, Single Market, Monetary Union, Economic Union | |
4 | Current Foreign Trade Problems (Current Issues in Foreign "International" Trade) | |
5 | Foreign Trade Protectionism/Foreign Trade Restrictions | |
6 | Foreign Trade Restrictions: .Tariffs .Quotas .Other Non-Tariff Barriers/Mesures (NTMs), etc. | |
7 | Tariffs .Bound/Ceiling Tariffs . Most Favoured Nation (MFN) Tariffs . AHS EFffectively Applied Tariffs (Preferenece "Discount" Rate Under the Trade Agreement) . Specific Tariffs .Ad Valorem Tariffs | |
8 | Trade Related Indicators .Trade Costs ..Distances ..Trade Related Indicators/Indices .Market, Supplier, Importing Commodity, Exporting CommoditY Concentration | |
9 | From Three Communities (ECSC, Euratom, EEC) to the Union .EU .EU Trade Policy .Single Market .Custom Union (EU & Türkiye Political and trade Relationship) | |
10 | Analysing the Effects of Current Issues (Such as Global Financial Crisis, Regional Conflicts/Wars, Pandemic, Global Inflation, etc.) on International Trade (Global in Total, Country and Sectoral Breakdown) | |
11 | Samples of Different Economic Integrations .NAFTA (USMCA) .EFTA .RCEP .CPTPP .ECOWAS .ASEAN .African Union/ AfCFTA (African Continental Free Trade Area) | |
12 | Application of Tariffs ( Most Favoured Nation "MFN" Tariff Rates and Effectively Applied Tariff Rates "AHS") and Non-Tariff Measures (NTMs) on Foreign Trade (Applied Sample Country Study-Bilateral Foreign Trade Analysis) | |
13 | International and Public (Government) Institutions Related to the Solution of Problems (Issues) in Foreign Trade: Dispute Settlement Body at the WTO (The Analysis of Türkiye's Current Disputes) | |
14 | The analysis of the impact of external risks (shocks/threats)/opportunities on the foreign trade of countries by creating a "Fragility (Vulnerability) /Resilience Index" with the minimum-maximum method by using different macroeconomic and trade related indicators. |
Resources |
Books and reports related with the course 1. Trade Statistics in Policymaking: A Handbook of Commonly Used Trade Indices and Indicators (UN ESCAP) 2. A Practical Guide to Trade Policy Analysis (UN WTO) 3. Trade Flows and Trade Policy Analysis (UN WTO, UN UNESCAP) 4. International Economics by Dominick Salvatore) 5. Principles of Economics/ Chapter 9/ Application: International Trade by N. Gregory Mankiw) 6. Handbook of Statistics (UNCTAD) 7. Review of Maritime Transport (UNCTAD report series) 8. World Investment Report (UNCTAD report series) 9. IMF World Economic Outlook Report series (2 main publications and 2 updates per year) .April (updated in July of the same year) .October (updated in January of the following year) 10. The UNCTAD B2C E-Commerce Index (UNCTAD report series) 11. The ICT Development Index (UNCTAD report series) 12. Global Innovation Index (WIPO report series) |
Additional resources for the course 1.TradeMap web page, https://www.trademap.org/Country_SelProduct_TS.aspx?nvpm=1%7c%7c%7c%7c%7cTOTAL%7c%7c%7c2%7c1%7c1%7c1%7c2%7c1%7c2%7c1%7c 2.MacMap web page, https://www.macmap.org/ 3.UNCTAD web page, https://unctadstat.unctad.org/wds/ReportFolders/reportFolders.aspx ve https://trains.unctad.org/Default.aspx 4.Comtrade web page, https://comtrade.un.org/data/ 5.WTO web page, https://www.wto.org/english/res_e/statis_e/statis_e.htm 6. The World Bank web page, https://data.worldbank.org/ 7.IMF statistics web page, http://data.imf.org/?sk=388DFA60-1D26-4ADE-B505-A05A558D9A42 8.WITS web page, https://wits.worldbank.org/ 9.Eurostat Comext web page, http://epp.eurostat.ec.europa.eu/newxtweb/setupdimselection.do 10.OECD statistics web page, https://stats.oecd.org/ 11.BIS statistics web page, https://stats.bis.org/statx/toc/LBS.html 12.TURKSTAT web page, https://biruni.tuik.gov.tr/disticaretapp/menu.zul 13.Turkish Exporters' Assembly web page, https://www.tim.org.tr/tr/ihracat-rakamlari.html 14.WTO SDGs related trade data web page: https://sdgtrade.org/en 15.UNCTAD definition of NTMs: https://unctad.org/system/files/official-document/ditctab2019d5_en.pdf 16.IMF Primary Commodity Prices data portal, https://data.imf.org/?sk=471dddf8-d8a7-499a-81ba-5b332c01f8b9 17.IMF World Economic Outlook data web page: https://www.imf.org/en/publications/weo 18.IMF Data Mapper web page: https://www.imf.org/external/datamapper/datasets/WEO |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications | |||||||
No | Program Qualification | Contribution Level | |||||
1 | 2 | 3 | 4 | 5 | |||
1 | Uluslararası ticaret ve finansman alanında teorik bilgileri tanımlar. | X | |||||
2 | Uluslararası ticaret ve finansman alanında gerekli matematiksel ve istatistiki yöntemleri anlatır. | X | |||||
3 | Uluslararası ticaret ve finansman alanında gerekli en az bir bilgisayar programı kullanır. | X | |||||
4 | Uluslararası ticaret ve finansman alanında gerekli olan mesleki yabancı dil yeterliliğini gösterir. | X | |||||
5 | Uluslararası ticaret ve finansman alanında projeler hazırlar ve takım çalışmalarını yönetir. | X | |||||
6 | Mesleki alanda yaşam boyu öğrenmenin gerekliliği bilinciyle bilim ve teknolojideki gelişmeleri izleyerek kendini sürekli yenileyip edindiği bilgi ve becerileri eleştirel olarak değerlendirir. | X | |||||
7 | Uluslararası ticaret ve finansman alanında teorik ve uygulamaya yönelik bilgileri kullanır | X | |||||
8 | En az A1 düzeyinde bir yabancı dili kullanarak güncel teknolojileri takip eder, sözlü / yazılı iletişim kurar. | X | |||||
9 | Örgüt / kurumsal, iş ve toplumsal etik değerlerini benimser ve kullanır. | X | |||||
10 | Topluma hizmet duyarlılığı çerçevesinde, sosyal sorumluluk ilkelerini benimser ve gerektiğinde inisiyatif alır. | X | |||||
11 | Disiplinler arası çalışmalar yürütebilmek için farklı disiplinlerde (ekonomi, finans, sosyoloji, hukuk, işletme) temel bilgileri ve verileri analiz ederek alanında kullanır. | X | |||||
12 | Öğrenciler, küresel ticaret, ihracat-ithalat işlemleri, gümrük işlemleri ve dış ticaretin finansmanı alanlarında uzmanlık elde eder. | X |
Assessment Methods
Contribution Level | Absolute Evaluation | |
Rate of Midterm Exam to Success | 40 | |
Rate of Final Exam to Success | 60 | |
Total | 100 |
ECTS / Workload Table | ||||||
Activities | Number of | Duration(Hour) | Total Workload(Hour) | |||
Course Hours | 14 | 2 | 28 | |||
Guided Problem Solving | 14 | 2 | 28 | |||
Resolution of Homework Problems and Submission as a Report | 1 | 14 | 14 | |||
Term Project | 0 | 0 | 0 | |||
Presentation of Project / Seminar | 0 | 0 | 0 | |||
Quiz | 0 | 0 | 0 | |||
Midterm Exam | 1 | 14 | 14 | |||
General Exam | 1 | 14 | 14 | |||
Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
Total Workload(Hour) | 98 | |||||
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(98/30) | 3 | |||||
ECTS of the course: 30 hours of work is counted as 1 ECTS credit. |
Detail Informations of the Course
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|---|---|---|---|---|
CURRENT ISSUES in INTERNATIONAL TRADE | ITF3113638 | Fall Semester | 2+0 | 2 | 3 |
Course Program | Çarşamba 15:30-16:15 Çarşamba 16:30-17:15 |
Prerequisites Courses | |
Recommended Elective Courses |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Required |
Course Coordinator | Assist.Prof. Metin GÜRLER |
Name of Lecturer(s) | Assist.Prof. Metin GÜRLER |
Assistant(s) | |
Aim | To examine the current problems (issues) in international trade and to analyze the solution methods of these problems in the process of globalization and to learn the techniques of solving problems and to take necessary measures (precautions) before problems arise by examining current problems in international trade. |
Course Content | This course contains; .Definition of Foreign Trade .International Organizations for Foreign Trade: GATT/WTO, UNCTAD, Intracen/ITC, OEEC/OECD, IMF,Phases of Being International (Export, Multinational "MNCs"/Transnational "TNCs" Corporations, Global Firm), FDI, Trade in Value Added (TIVA),.Agreements With International Organizations on Foreign Trade: Multilateral Trading System, World Trade Organization (WTO) Membership, Trade Agreements .Economic Integrations: Preference Trade Agreement (Generalized System of Preferences), Free Trade Agreements (Regional Trade Agreements), Customs Union, Single Market, Monetary Union, Economic Union,Current Foreign Trade Problems (Current Issues in Foreign "International" Trade),Foreign Trade Protectionism/Foreign Trade Restrictions,Foreign Trade Restrictions: .Tariffs .Quotas .Other Non-Tariff Barriers/Mesures (NTMs), etc.,Tariffs .Bound/Ceiling Tariffs . Most Favoured Nation (MFN) Tariffs . AHS EFffectively Applied Tariffs (Preferenece "Discount" Rate Under the Trade Agreement) . Specific Tariffs .Ad Valorem Tariffs ,Trade Related Indicators .Trade Costs ..Distances ..Trade Related Indicators/Indices .Market, Supplier, Importing Commodity, Exporting CommoditY Concentration ,From Three Communities (ECSC, Euratom, EEC) to the Union .EU .EU Trade Policy .Single Market .Custom Union (EU & Türkiye Political and trade Relationship),Analysing the Effects of Current Issues (Such as Global Financial Crisis, Regional Conflicts/Wars, Pandemic, Global Inflation, etc.) on International Trade (Global in Total, Country and Sectoral Breakdown) ,Samples of Different Economic Integrations .NAFTA (USMCA) .EFTA .RCEP .CPTPP .ECOWAS .ASEAN .African Union/ AfCFTA (African Continental Free Trade Area),Application of Tariffs ( Most Favoured Nation "MFN" Tariff Rates and Effectively Applied Tariff Rates "AHS") and Non-Tariff Measures (NTMs) on Foreign Trade (Applied Sample Country Study-Bilateral Foreign Trade Analysis),International and Public (Government) Institutions Related to the Solution of Problems (Issues) in Foreign Trade: Dispute Settlement Body at the WTO (The Analysis of Türkiye's Current Disputes),The analysis of the impact of external risks (shocks/threats)/opportunities on the foreign trade of countries by creating a "Fragility (Vulnerability) /Resilience Index" with the minimum-maximum method by using different macroeconomic and trade related indicators.. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
6.2.Benchmarks different economic integrations and trade agreements around the world | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | D, F |
1. Will be able to understand and analyse the problems (issues) that have emerged or may emerge in the current global, regional and domestic situation and the effects of these problems on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
1.1. Interprets the problems that have arisen or may arise in the current situation globally, regionally and domestically. | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
1.2. Analyses the effects of the current or potential problems (issues) in the global, regional and domestic situation on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
2. Will be able to understand and analyse the opportunities that have emerged or may emerge in the current global, regional and domestic situation and the effects of these opportunities on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
2.1. Establishes a cause and effect relationship between the opportunities that arise or may arise globally, regionally and domestically and the effects of these opportunities on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
2.2. Analyses the effects of the current or potential opportunities in the global, regional and domestic situation on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
3. Will be able to analyse the MFN tariff rates and AHS Effectively Applied Tariff rates of the current and potential market countries, considering their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
3.1. Compares (benchmarks) the MFN tariff rates of existing and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
3.2. Analyses the MFN tariff rates of existing and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
3.3. Compares (benchmarks) the AHS Effectively Applied tariff rates of existing and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
3.4. Analyses the AHS Effectively Applied tariff rates of the current and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
4. Will be able to analyse non-tariff barriers/measures (NTMs) of existing and potential market countries, considering their bilateral trade with Turkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
4.1. Compares the non-tariff barriers/measures (NTMs) of current and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
4.2. Analyses the non-tariff barriers/measures (NTMs) of existing and potential market countries, taking into account their bilateral trade with Türkiye | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
5. Will be able to obtain data on global inflation, unemployment, policy interest rates, financial crisis, etc. along with measures restricting foreign trade such as tariffs and non-tariff barriers/measures (NTMs) and analyse and interpret these data | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
5.1. Obtains data on global inflation, unemployment, policy interest rates, financial crisis, etc. together with measures restricting foreign trade such as tariff and non-tariff barriers/measures (NTMs) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
5.2. Makes data such as global inflation, unemployment, policy interest rates, financial crisis, etc., together with measures restricting foreign trade such as tariff and non-tariff barriers/measures (NTMs), meaningful with figure and table analysis | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
5.3. Analyses and interprets data such as global inflation, unemployment, policy interest rates, financial crisis, etc. together with measures restricting foreign trade such as tariff and non-tariff barriers/measures (NTMs) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
5.4. Analyses the effects of trade restrictive measures such as tariffs and non-tariff barriers/measures (NTMs) as well as regional conflicts and wars on foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
6. Will be able to examine the effects of regional economic integration at different levels on Türkiye's foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
6.1. Interprets the World Trade Organization's Most Favored Nation rule | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
6.3. Interprets the agreements such as trade agreements made by Türkiye within the scope of its trade policies (Free/Regional Trade Agreement, Customs Union and Preferential Trade Agreement). | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
6.4. Analyses the agreements such as trade agreements (Free/Regional Trade Agreement "FTA/RTA", Customs Union "CU" and Preferential Trade Agreement "PTA") made by Türkiye within the scope of trade policies | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
6.5. Prepares the trade policies on how Türkiye will benefit from world economic integrations and trade agreements | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 19: Brainstorming Technique, 4: Inquiry-Based Learning, 5: Cooperative Learning, 6: Experiential Learning, 8: Flipped Classroom Learning, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam, D: Oral Exam, E: Homework, F: Project Task |
Course Outline
Order | Subjects | Preliminary Work |
---|---|---|
1 | .Definition of Foreign Trade .International Organizations for Foreign Trade: GATT/WTO, UNCTAD, Intracen/ITC, OEEC/OECD, IMF | |
2 | Phases of Being International (Export, Multinational "MNCs"/Transnational "TNCs" Corporations, Global Firm), FDI, Trade in Value Added (TIVA) | |
3 | .Agreements With International Organizations on Foreign Trade: Multilateral Trading System, World Trade Organization (WTO) Membership, Trade Agreements .Economic Integrations: Preference Trade Agreement (Generalized System of Preferences), Free Trade Agreements (Regional Trade Agreements), Customs Union, Single Market, Monetary Union, Economic Union | |
4 | Current Foreign Trade Problems (Current Issues in Foreign "International" Trade) | |
5 | Foreign Trade Protectionism/Foreign Trade Restrictions | |
6 | Foreign Trade Restrictions: .Tariffs .Quotas .Other Non-Tariff Barriers/Mesures (NTMs), etc. | |
7 | Tariffs .Bound/Ceiling Tariffs . Most Favoured Nation (MFN) Tariffs . AHS EFffectively Applied Tariffs (Preferenece "Discount" Rate Under the Trade Agreement) . Specific Tariffs .Ad Valorem Tariffs | |
8 | Trade Related Indicators .Trade Costs ..Distances ..Trade Related Indicators/Indices .Market, Supplier, Importing Commodity, Exporting CommoditY Concentration | |
9 | From Three Communities (ECSC, Euratom, EEC) to the Union .EU .EU Trade Policy .Single Market .Custom Union (EU & Türkiye Political and trade Relationship) | |
10 | Analysing the Effects of Current Issues (Such as Global Financial Crisis, Regional Conflicts/Wars, Pandemic, Global Inflation, etc.) on International Trade (Global in Total, Country and Sectoral Breakdown) | |
11 | Samples of Different Economic Integrations .NAFTA (USMCA) .EFTA .RCEP .CPTPP .ECOWAS .ASEAN .African Union/ AfCFTA (African Continental Free Trade Area) | |
12 | Application of Tariffs ( Most Favoured Nation "MFN" Tariff Rates and Effectively Applied Tariff Rates "AHS") and Non-Tariff Measures (NTMs) on Foreign Trade (Applied Sample Country Study-Bilateral Foreign Trade Analysis) | |
13 | International and Public (Government) Institutions Related to the Solution of Problems (Issues) in Foreign Trade: Dispute Settlement Body at the WTO (The Analysis of Türkiye's Current Disputes) | |
14 | The analysis of the impact of external risks (shocks/threats)/opportunities on the foreign trade of countries by creating a "Fragility (Vulnerability) /Resilience Index" with the minimum-maximum method by using different macroeconomic and trade related indicators. |
Resources |
Books and reports related with the course 1. Trade Statistics in Policymaking: A Handbook of Commonly Used Trade Indices and Indicators (UN ESCAP) 2. A Practical Guide to Trade Policy Analysis (UN WTO) 3. Trade Flows and Trade Policy Analysis (UN WTO, UN UNESCAP) 4. International Economics by Dominick Salvatore) 5. Principles of Economics/ Chapter 9/ Application: International Trade by N. Gregory Mankiw) 6. Handbook of Statistics (UNCTAD) 7. Review of Maritime Transport (UNCTAD report series) 8. World Investment Report (UNCTAD report series) 9. IMF World Economic Outlook Report series (2 main publications and 2 updates per year) .April (updated in July of the same year) .October (updated in January of the following year) 10. The UNCTAD B2C E-Commerce Index (UNCTAD report series) 11. The ICT Development Index (UNCTAD report series) 12. Global Innovation Index (WIPO report series) |
Additional resources for the course 1.TradeMap web page, https://www.trademap.org/Country_SelProduct_TS.aspx?nvpm=1%7c%7c%7c%7c%7cTOTAL%7c%7c%7c2%7c1%7c1%7c1%7c2%7c1%7c2%7c1%7c 2.MacMap web page, https://www.macmap.org/ 3.UNCTAD web page, https://unctadstat.unctad.org/wds/ReportFolders/reportFolders.aspx ve https://trains.unctad.org/Default.aspx 4.Comtrade web page, https://comtrade.un.org/data/ 5.WTO web page, https://www.wto.org/english/res_e/statis_e/statis_e.htm 6. The World Bank web page, https://data.worldbank.org/ 7.IMF statistics web page, http://data.imf.org/?sk=388DFA60-1D26-4ADE-B505-A05A558D9A42 8.WITS web page, https://wits.worldbank.org/ 9.Eurostat Comext web page, http://epp.eurostat.ec.europa.eu/newxtweb/setupdimselection.do 10.OECD statistics web page, https://stats.oecd.org/ 11.BIS statistics web page, https://stats.bis.org/statx/toc/LBS.html 12.TURKSTAT web page, https://biruni.tuik.gov.tr/disticaretapp/menu.zul 13.Turkish Exporters' Assembly web page, https://www.tim.org.tr/tr/ihracat-rakamlari.html 14.WTO SDGs related trade data web page: https://sdgtrade.org/en 15.UNCTAD definition of NTMs: https://unctad.org/system/files/official-document/ditctab2019d5_en.pdf 16.IMF Primary Commodity Prices data portal, https://data.imf.org/?sk=471dddf8-d8a7-499a-81ba-5b332c01f8b9 17.IMF World Economic Outlook data web page: https://www.imf.org/en/publications/weo 18.IMF Data Mapper web page: https://www.imf.org/external/datamapper/datasets/WEO |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications | |||||||
No | Program Qualification | Contribution Level | |||||
1 | 2 | 3 | 4 | 5 | |||
1 | Uluslararası ticaret ve finansman alanında teorik bilgileri tanımlar. | X | |||||
2 | Uluslararası ticaret ve finansman alanında gerekli matematiksel ve istatistiki yöntemleri anlatır. | X | |||||
3 | Uluslararası ticaret ve finansman alanında gerekli en az bir bilgisayar programı kullanır. | X | |||||
4 | Uluslararası ticaret ve finansman alanında gerekli olan mesleki yabancı dil yeterliliğini gösterir. | X | |||||
5 | Uluslararası ticaret ve finansman alanında projeler hazırlar ve takım çalışmalarını yönetir. | X | |||||
6 | Mesleki alanda yaşam boyu öğrenmenin gerekliliği bilinciyle bilim ve teknolojideki gelişmeleri izleyerek kendini sürekli yenileyip edindiği bilgi ve becerileri eleştirel olarak değerlendirir. | X | |||||
7 | Uluslararası ticaret ve finansman alanında teorik ve uygulamaya yönelik bilgileri kullanır | X | |||||
8 | En az A1 düzeyinde bir yabancı dili kullanarak güncel teknolojileri takip eder, sözlü / yazılı iletişim kurar. | X | |||||
9 | Örgüt / kurumsal, iş ve toplumsal etik değerlerini benimser ve kullanır. | X | |||||
10 | Topluma hizmet duyarlılığı çerçevesinde, sosyal sorumluluk ilkelerini benimser ve gerektiğinde inisiyatif alır. | X | |||||
11 | Disiplinler arası çalışmalar yürütebilmek için farklı disiplinlerde (ekonomi, finans, sosyoloji, hukuk, işletme) temel bilgileri ve verileri analiz ederek alanında kullanır. | X | |||||
12 | Öğrenciler, küresel ticaret, ihracat-ithalat işlemleri, gümrük işlemleri ve dış ticaretin finansmanı alanlarında uzmanlık elde eder. | X |
Assessment Methods
Contribution Level | Absolute Evaluation | |
Rate of Midterm Exam to Success | 40 | |
Rate of Final Exam to Success | 60 | |
Total | 100 |