310 Import-Export Management 80 Classes
Course Description: While developing English language skills, this course provides an introduction to global markets, to the major trading nations and trading blocs, and to the processes and procedures that govern import and export management.
Objectives: By the end of the course, students should be able:
Instructional Methods: Classes will cover both theory and examples drawn from the business world. Students will read, discuss, and write about "cases," applying the principles of effective management explained in the text to these simulated situations.
Grading: The final grade is based on the following:
Class Participation |
25% |
Assignments |
50% |
Exams |
25% |
Total |
100% |
The grading scale is: A=90-100%, B+=85-89%, B=80-84%, C+=75-79%, C=70-74%, D=65-69%, F=60-64%
Weeks 1-4: The Global Market The
Global Market
The
student will answer 40 a)major
trading nations
questions
on major trading nations b)trade
agreements, markets and
and
trade agreements, classes of zones (EU, GATT, NAFTA, etc.)
trade
goods and services; methods c)classes
of trade goods/services
of
financing and payment; trade d)methods
of payment
restrictions,
international sales e)financing
a transaction
and
marketing and computers in -extending credit
import/export,
all in 40 minutes -commercial
banks
with
65% accuracy; given appro- -factoring,
forfaiting and
priate
data will convert dollar
confirming
amounts
to and from three major -government
programs(EXIMBANK,
currencies
with complete accuracy.
FAS, OPIC. etc.)
c)currency
conversion
d)trade
restrictions
-tariffs
-quotas
-antidumping
measures
e)international
sales/marketing
f)the
computer in import/export:
-electronic
processing
-online
resources
Weeks 5-8:
Transport Management Transport
Management
The student will answer 40 a)packing
standards
questions
on packing, marking and b)required
marking/labelling
labelling
standards, shipping c)shipping
options: sea/air/land
options
and documents, containers d)containers
and holders
and
holders, standards of measure- e)standards
of measurement
ment,
arrangements of articles and f)shipping
documents
shipments,
cargo security, pro- -commercial
invoices
viding
for inspection, insurance -waybills
and
transport agents, all in 40 -manifests
minutes
with 65% accuracy. -bills
of lading
g)commingled/segregated
articles
h)assembled/installment
shipments
i)cargo
security
j)narcotics
inspections
k)insurance
l)using
an agent
-freight
forwarders
-customs
brokers
Weeks 9-12:
Import Procedures Import
Procedures
The
student will answer 40 a)the
entry process
questions
on the entry process, -ports
of entry
surety
bonds, non-dutiable status, -right
to make entry
computation
of duty, classification -entry
documents
of
goods, determining value, liqui- -special
permits
dation,
seizure and forfeiture, -unentered
goods
methods
of protest and requirements -mail
entries (form C1)
of
non-Customs agencies, all in b)surety
bonds
40
minutes with 65% accuracy; c)bonded
warehouse
given
appropriate data will com- d)foreign
trade zones
plete
the five specified Customs e)temporary
ATA Carnet/TIB status
forms
with complete accuracy. f)
computation of duty
-Harmonized
Tariff Schedule
-rates:
advalorem, compound
specific
-damage/deterioration
allowance
-tare
allowance
-tariff
exemptions (GSP, etc.)
-drawback
refunds
g)classification
of goods
h)methods
of determining value
i)liquidation
j)seizure/forfeiture
k)protest
procedures
l)non-Customs
requirements:
-animal
quarantine procedures
-agricultural
inspections
-health
inspections
-alcoholic
beverage licensing
-precious
metals/currency
regulations.
-Textile
Fiber Products Act
-motor
vehicle standards
m)common
customs forms
-commercial
invoice
-carrier's
certificate
-POA
-customs
bond
-entry
summary
Weeks 13-16:
Export Procedures Export
Procedures
The
student will answer 40 a)export
planning
questions
on export strategies, b)export
advisers/services
methods
and processes for exporting c)international
marketing
goods,
products and services, ways d)methods
of exporting
of
contacting and corresponding with -ETC,
EMC
foreign
buyers, determination of -agents
and representatives
price
and terms of sale and export -direct
selling
regulations,
all in 40 minutes with e)exporting
goods/products
65%
accuracy. -channels
of distribution
-product
adaptation
-warranty/service
factors
f)service
exports
g)contacting
foreign buyers
-services
-trade
shows
-missions
h)international
correspondence
i)pricing
and terms of sale
j)
export regulations:
-licensing
-antidiversion/boycott/trust
-Foreign
Corrupt Practices Act
-FDA/EPA
restrictions
-foreign
import regulations
-customs
benefits for exporters -foreign
sales corporations
-intellectual
property rights
-arbitrating
disputes
-UN
Convention on Contracts
rev. 2/04