Course: International Trade Environment

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Course title International Trade Environment
Course code KMG/MOP
Organizational form of instruction Lecture + Lesson
Level of course Master
Year of study not specified
Semester Summer
Number of ECTS credits 4
Language of instruction Czech
Status of course Compulsory-optional
Form of instruction Face-to-face
Work placements Course does not contain work placement
Recommended optional programme components None
  • Švarc Zbyněk, doc. JUDr. Ph.D.
  • Demel Jaroslav, Ing. Ph.D.
  • Pěničková Zuzana, doc. Ing. Ph.D.
Course content
Lectures: 1. International trade flows in the globalized economy 2. Specifics of the international trade in various sectors (A, I, S) 3. Trade policy, investment policy 4. Impact on trade and balance of payments 5. The international movement of production factors - capital movement 6. The international movement of production factors - labour mobility 7. The international monetary market and the exchange rate 8. Legal aspects of the international business - international treaties and EU acts 9. Regionalism in the international trade 10. Development aid in the international trade 11. Current development of the international trade Seminars: 1. Assignment of the case study 2. Commercial policy instruments 3. The international movement of production factors 4. Exchange rate and terms of trade 5. Legal aspects of international trade 6. Presentation of the case studies

Learning activities and teaching methods
Monological explanation (lecture, presentation,briefing)
  • Class attendance - 28 hours per semester
Learning outcomes
The aim of the course is to introduce students to the different areas and aspects of the international trade and their practical application to the trade environment. The seminars are based on the application of the knowledge from the lectures. Further, the students in the seminars create fictitious firms whose trade operations would correspond with the trade relationships between the EU and third countries.
Students obtain knowledge in given course in accordance with requirements and course programme.

Assessment methods and criteria
Written exam

Team presentation of case study Written test
Recommended literature
  • CIHELKOVÁ, E. Regionalismus a multilateralismus: základy nového světového obchodního řádu?. ISBN ISBN 978-80-7400-.
  • DANIELS, J. D., RADEBAUGH, L. H., SULLIVAN, D. P. International Business: Environments and Operations.. ISBN ISBN 978-01-3266-.
  • KRUGMAN, P., OBSTFELD, M., MELITZ, M. International Economics. Theory and Policy. ISBN ISBN 978-01-3342-.
  • NEUMANN, P. et al. Mezinárodní ekonomie. ISBN ISBN 978-80-247-.

Study plans that include the course
Faculty Study plan (Version) Branch of study Category Recommended year of study Recommended semester
Faculty of Economics Business Administration (2014) Economy 1 Summer