Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| FOREIGN TRADE OPERATIONS II | - | Spring Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Required |
| Course Coordinator | Lect. Ethem ARSLAN |
| Name of Lecturer(s) | Lect. Ethem ARSLAN |
| Assistant(s) | |
| Aim | To explain the basic concepts of international trade and with the case studies and workshops from life, to enable the students to learn the basic concepts techniques and international trade legislation. |
| Course Content | This course contains; International Trade and its importance ,Organizations of International Trade ,International Trade Documentation-II ,International Trade Finance Documents (draft/bill of exchange, avalisation, discount) and insurance. ,International Trade Transport Documents (including Charter Party bill of lading). ,International Trade Payment Terms-II (Letter of Credit) ,Letter of Credit Payment - Confirmed and Unconfirmed Letter of Credit. ,Letter of Credit Payment-Rotatif L/C, Transferable and Back-to-back L/C. ,Letter of Guarantees/Standby Letter of Credit (including Counterguarantees and Confirmed Standby LC). ,International Trade Legislation-International Chamber of Commerce (ICC) Rules. ,International Trade Legislation-Export-Export Credit Agency Credits (including EXİM). ,International Trade Legislation-Import ,International Trade Legislation-Invisibles and Capital Movement ,Revision and Risks . |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Will be able to define International Trade Importance. | 16, 9 | A |
| 1.1. Explain the organizations engaged in international trade transactions. | ||
| 2. Will be able to identify the Undersecretariat of Treasury, Ministry of Customs and Trade and Exporters Unions. | 10, 16, 9 | A |
| 2.1. Define Eximbank, International Chamber of Commerce, Chambers of Commerce and/or Industry. | ||
| 2.2. Define banks, international transportation and logistics companies and the World Customs Organization. | ||
| 3. Will be able to define International Trade Documentation-II in detail. | 10, 13, 16, 6, 9 | A |
| 3.1. Define Financial Documents (draft/bill of exchange, aval and discount). | ||
| 3.2. Explain the transportation documents required in international trade. | ||
| 4. Will be able to identify transport documents, including Charter Party bills of lading. | 16, 9 | A |
| 4.1. Define Letter of Credit Payment. | ||
| 4.2. Compare the types of confirmed and unconfirmed letters of credit. | ||
| 5. Will be able to define Letter of Credit Payment types. | 10, 16, 9 | A |
| 5.1. Defines, Rotatif, Transferable and Back-to-back letter of credits. | ||
| 5.2. Define Letter of Guarantees/Standby Letter of Credit. | ||
| 5.3. Define letters of guarantee, including counter-guarantees and confirmed standby letters of credit. | ||
| 6. Will be able to define International Trade Legislation-International Chamber of Commerce (ICC) Rules. | 10, 16, 9 | A |
| 6.1. Explain the rules of international trade organized by the International Chamber of Commerce (ICC). | ||
| 6.2. Define International Trade Legislation-Export and Export Credit Agency Credits (including EXİM). | ||
| 6.3. Define international trade legislation, export and sovereign credits. | ||
| 7. Will be able to define International Trade Legislation-Import rules. | 16, 9 | A |
| 7.1. Define International Trade Legislation-Import rules. | ||
| 7.2. Define International Trade Legislation-Invisibles and Capital Movement Rules. | ||
| 8. Will be able to define International Trade Regulations, Invisible Items and Capital Movements rules. | 10, 16, 9 | A |
| 8.1. Define customs rules. | ||
| 8.2. Define the basic rules of customs. | ||
| 8.3. Define International Trade Risks. | ||
| 8.4. Define international trade (exchange risk, documentary risk, country risk etc) risks. | 10, 13, 16, 9 | A |
| Teaching Methods: | 10: Discussion Method, 13: Case Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | International Trade and its importance | |
| 2 | Organizations of International Trade | |
| 3 | International Trade Documentation-II | |
| 4 | International Trade Finance Documents (draft/bill of exchange, avalisation, discount) and insurance. | |
| 5 | International Trade Transport Documents (including Charter Party bill of lading). | |
| 6 | International Trade Payment Terms-II (Letter of Credit) | |
| 7 | Letter of Credit Payment - Confirmed and Unconfirmed Letter of Credit. | |
| 8 | Letter of Credit Payment-Rotatif L/C, Transferable and Back-to-back L/C. | |
| 9 | Letter of Guarantees/Standby Letter of Credit (including Counterguarantees and Confirmed Standby LC). | |
| 10 | International Trade Legislation-International Chamber of Commerce (ICC) Rules. | |
| 11 | International Trade Legislation-Export-Export Credit Agency Credits (including EXİM). | |
| 12 | International Trade Legislation-Import | |
| 13 | International Trade Legislation-Invisibles and Capital Movement | |
| 14 | Revision and Risks |
| Resources |
| Yaser Gürsoy, Foreign Trade Transactions Management, EKİN bookstore publications, 2020 |
| 1. Related links to be published at http://mebis.medipol.edu.tr; 2. Ferudun Kaya, Foreign Trade Transactions Management, Beta Publishing House, Istanbul, 2015; 3. Celalettin Cantekin, Foreign Trade Transactions and International Banking, Seçkin Publishing House, Ankara, 2017 |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Describe the basic concepts and applications of the Foreign Trade. | X | |||||
| 2 | Have a basic knowledge of export and customs regulations. | X | |||||
| 3 | Have information about the basic method used in accounting and its applications in the business world. | X | |||||
| 4 | Recognize the marketing functions and its practices in business world, do market research and use marketing communication that they require. | X | |||||
| 5 | Have knowledge about international marketing strategies, international trade formations and international trade policies. | X | |||||
| 6 | Have knowledge of the logistics management associated with Foreign Trade. | X | |||||
| 7 | Have knowledge of Foreign Trade finance. | X | |||||
| 8 | Have the basic knowledge of business administration and have the vision of international business system. | X | |||||
| 9 | Have the basic information about the law profession. | X | |||||
| 10 | Apply the study area knowledge on the Foreign Trade in individual procedures. | X | |||||
| 11 | In the framework of lifelong learning attitude, be conscious of the need to adapt to changes in the industry. | X | |||||
| 12 | Use the knowledge and skills about the study field to inform related individuals, organizations and stakeholders. | X | |||||
| 13 | Carry out social responsibility projects related to study areas. | X | |||||
| 14 | Implement code of ethics in customer relations and in communication with colleagues. | X | |||||
| 15 | Use the acquired knowledge about Foreign Trade effectively. | 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 | 3 | 42 | |||
| Guided Problem Solving | 0 | 0 | 0 | |||
| Resolution of Homework Problems and Submission as a Report | 2 | 3 | 6 | |||
| Term Project | 7 | 8 | 56 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 0 | 0 | 0 | |||
| Midterm Exam | 7 | 2 | 14 | |||
| General Exam | 14 | 2 | 28 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 146 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(146/30) | 5 | |||||
| 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 |
|---|---|---|---|---|---|
| FOREIGN TRADE OPERATIONS II | - | Spring Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Required |
| Course Coordinator | Lect. Ethem ARSLAN |
| Name of Lecturer(s) | Lect. Ethem ARSLAN |
| Assistant(s) | |
| Aim | To explain the basic concepts of international trade and with the case studies and workshops from life, to enable the students to learn the basic concepts techniques and international trade legislation. |
| Course Content | This course contains; International Trade and its importance ,Organizations of International Trade ,International Trade Documentation-II ,International Trade Finance Documents (draft/bill of exchange, avalisation, discount) and insurance. ,International Trade Transport Documents (including Charter Party bill of lading). ,International Trade Payment Terms-II (Letter of Credit) ,Letter of Credit Payment - Confirmed and Unconfirmed Letter of Credit. ,Letter of Credit Payment-Rotatif L/C, Transferable and Back-to-back L/C. ,Letter of Guarantees/Standby Letter of Credit (including Counterguarantees and Confirmed Standby LC). ,International Trade Legislation-International Chamber of Commerce (ICC) Rules. ,International Trade Legislation-Export-Export Credit Agency Credits (including EXİM). ,International Trade Legislation-Import ,International Trade Legislation-Invisibles and Capital Movement ,Revision and Risks . |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Will be able to define International Trade Importance. | 16, 9 | A |
| 1.1. Explain the organizations engaged in international trade transactions. | ||
| 2. Will be able to identify the Undersecretariat of Treasury, Ministry of Customs and Trade and Exporters Unions. | 10, 16, 9 | A |
| 2.1. Define Eximbank, International Chamber of Commerce, Chambers of Commerce and/or Industry. | ||
| 2.2. Define banks, international transportation and logistics companies and the World Customs Organization. | ||
| 3. Will be able to define International Trade Documentation-II in detail. | 10, 13, 16, 6, 9 | A |
| 3.1. Define Financial Documents (draft/bill of exchange, aval and discount). | ||
| 3.2. Explain the transportation documents required in international trade. | ||
| 4. Will be able to identify transport documents, including Charter Party bills of lading. | 16, 9 | A |
| 4.1. Define Letter of Credit Payment. | ||
| 4.2. Compare the types of confirmed and unconfirmed letters of credit. | ||
| 5. Will be able to define Letter of Credit Payment types. | 10, 16, 9 | A |
| 5.1. Defines, Rotatif, Transferable and Back-to-back letter of credits. | ||
| 5.2. Define Letter of Guarantees/Standby Letter of Credit. | ||
| 5.3. Define letters of guarantee, including counter-guarantees and confirmed standby letters of credit. | ||
| 6. Will be able to define International Trade Legislation-International Chamber of Commerce (ICC) Rules. | 10, 16, 9 | A |
| 6.1. Explain the rules of international trade organized by the International Chamber of Commerce (ICC). | ||
| 6.2. Define International Trade Legislation-Export and Export Credit Agency Credits (including EXİM). | ||
| 6.3. Define international trade legislation, export and sovereign credits. | ||
| 7. Will be able to define International Trade Legislation-Import rules. | 16, 9 | A |
| 7.1. Define International Trade Legislation-Import rules. | ||
| 7.2. Define International Trade Legislation-Invisibles and Capital Movement Rules. | ||
| 8. Will be able to define International Trade Regulations, Invisible Items and Capital Movements rules. | 10, 16, 9 | A |
| 8.1. Define customs rules. | ||
| 8.2. Define the basic rules of customs. | ||
| 8.3. Define International Trade Risks. | ||
| 8.4. Define international trade (exchange risk, documentary risk, country risk etc) risks. | 10, 13, 16, 9 | A |
| Teaching Methods: | 10: Discussion Method, 13: Case Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | International Trade and its importance | |
| 2 | Organizations of International Trade | |
| 3 | International Trade Documentation-II | |
| 4 | International Trade Finance Documents (draft/bill of exchange, avalisation, discount) and insurance. | |
| 5 | International Trade Transport Documents (including Charter Party bill of lading). | |
| 6 | International Trade Payment Terms-II (Letter of Credit) | |
| 7 | Letter of Credit Payment - Confirmed and Unconfirmed Letter of Credit. | |
| 8 | Letter of Credit Payment-Rotatif L/C, Transferable and Back-to-back L/C. | |
| 9 | Letter of Guarantees/Standby Letter of Credit (including Counterguarantees and Confirmed Standby LC). | |
| 10 | International Trade Legislation-International Chamber of Commerce (ICC) Rules. | |
| 11 | International Trade Legislation-Export-Export Credit Agency Credits (including EXİM). | |
| 12 | International Trade Legislation-Import | |
| 13 | International Trade Legislation-Invisibles and Capital Movement | |
| 14 | Revision and Risks |
| Resources |
| Yaser Gürsoy, Foreign Trade Transactions Management, EKİN bookstore publications, 2020 |
| 1. Related links to be published at http://mebis.medipol.edu.tr; 2. Ferudun Kaya, Foreign Trade Transactions Management, Beta Publishing House, Istanbul, 2015; 3. Celalettin Cantekin, Foreign Trade Transactions and International Banking, Seçkin Publishing House, Ankara, 2017 |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Describe the basic concepts and applications of the Foreign Trade. | X | |||||
| 2 | Have a basic knowledge of export and customs regulations. | X | |||||
| 3 | Have information about the basic method used in accounting and its applications in the business world. | X | |||||
| 4 | Recognize the marketing functions and its practices in business world, do market research and use marketing communication that they require. | X | |||||
| 5 | Have knowledge about international marketing strategies, international trade formations and international trade policies. | X | |||||
| 6 | Have knowledge of the logistics management associated with Foreign Trade. | X | |||||
| 7 | Have knowledge of Foreign Trade finance. | X | |||||
| 8 | Have the basic knowledge of business administration and have the vision of international business system. | X | |||||
| 9 | Have the basic information about the law profession. | X | |||||
| 10 | Apply the study area knowledge on the Foreign Trade in individual procedures. | X | |||||
| 11 | In the framework of lifelong learning attitude, be conscious of the need to adapt to changes in the industry. | X | |||||
| 12 | Use the knowledge and skills about the study field to inform related individuals, organizations and stakeholders. | X | |||||
| 13 | Carry out social responsibility projects related to study areas. | X | |||||
| 14 | Implement code of ethics in customer relations and in communication with colleagues. | X | |||||
| 15 | Use the acquired knowledge about Foreign Trade effectively. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |