Singapore University of Social Sciences

International Trade Management

International Trade Management (LOG221)

Synopsis

LOG221 International Trade Management provides students with a good foundation in understanding, applying and analysing trade concepts and theories in the international business environment. The course gives an overview of the international trade system, introduces the risks and challenges involved, and discusses the policies pertaining to the industry. Students will be equipped with a broad-based understanding of international trade practices and learn about the stakeholder’s position in an international trade transaction. Interactive classroom activities aim to reinforce students’ understanding of the dynamics of international trade from the perspective of the buyer and seller.

Level: 2
Credit Units: 5
Presentation Pattern: Every January

Topics

  • Significance of International Trade
  • Nature of International Business Environment
  • Trade Governance, Free Trade Agreements and Digital Economy Agreements
  • Basic Rules in International Trade
  • International Marketing and Purchasing
  • International Trade and Supply Chain Management
  • International Trade Policies and Practices
  • E-commerce in International Trade
  • Barriers to International Trade
  • Managing Risks of International Trade
  • Cross Cultural Management and Negotiation in International Trade
  • Case Studies in International Trade

Learning Outcome

  • Describe the significance and nature of international trade.
  • Indicate the role of global organisations in the context of governance and rules in international trade.
  • Analyse trade policies and practices in different regions as well as how technology impacts international trade.
  • Apply appropriate marketing, purchasing and supply chain management approaches to facilitate international trade.
  • Recognise the barriers to international trade and how trade risks can be managed effectively.
  • Appraise the ways of communicating and negotiating with different parties in an international trade transaction.
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