ITF 223 | Course Introduction and Application Information - Department of International Trade and Finance

Course Name

International Business Transactions

Code	Semester	Theory (hour/week)	Application/Lab (hour/week)	Local Credits	ECTS
ITF 223	Fall	3	0	3	6

Prerequisites	None
Course Language	English
Course Type	Required
Course Level	First Cycle
Mode of Delivery	face to face
Teaching Methods and Techniques of the Course	Lecture / Presentation
National Occupation Classification	-
Course Coordinator	Dr. Öğr. Üyesi Birce Dobrucalı
Course Lecturer(s)	Prof. Dr. Aykan CANDEMİR
Assistant(s)	Araş. Gör. Birce TEDİK KOCAKAYA

Course Objectives	This course is designed to be an introduction to international business transactions (i.e. all business transactions related to either international trade in goods and services or foreign direct investments) together with related international regulations. With this regard, the course aims to examine such topics as the World Trade Organization (WTO) and its major agreements (GATT, GATS, TRIPS, TRIMs etc.), dispute settlements under the WTO regime; unification of international trade law and institutions such as UNCITRAL and UNIDROIT; international sales law (CISG); legal systems for international transportation, payments, taxation and international commercial terms (Incoterms).
Learning Outcomes	The students who succeeded in this course; Identify the main international institutions, actors, and regulatory frameworks shaping global trade. Distinguish between the legal regimes governing trade in goods, services, and intellectual property under the WTO framework. Interpret and apply appropriate Incoterms in structuring international trade contracts based on risk and cost allocation. Explain and compare various international payment and financing methods, assessing their implications for risk management in trade transactions. Analyze and evaluate the characteristics and potential of multiple foreign markets using criteria established through primary and secondary online research.
Course Description	This course focus on the international business transactions together with related international regulations.
Related Sustainable Development Goals

Course Category	Core Courses	X
	Major Area Courses
	Supportive Courses
	Media and Management Skills Courses
	Transferable Skill Courses

Week	Subjects	Related Preparation
1	Introduction	Lecture Notes
2	Political Economy and International Actors	Lecture Notes
3	Political Economy and International Actors	Lecture Notes
4	International Trade Documents	Lecture Notes
5	International Payment Methods	Lecture Notes
6	International Payment Methods	Lecture Notes
7	Delivery Terms	Lecture Notes
8	Delivery Terms	Lecture Notes
9	Midterm Exam
10	Online Export Market Research	Lecture Notes
11	Online Export Market Research - Application	Lecture Notes
12	Presentations
13	Presentations
14	Review of semester
15	Review of semester
16	Final Exams

Course Notes/Textbooks

Lecture Notes

Suggested Readings/Materials

Major References: Folsom, R. H., Gordon, M.W. and Spanogle, J. A. (2005). Principles of International Business Transactions, Trade & Economic Relations, Concise Hornbook Series, Thomson West, St. Paul. Folsom, R. H., Gordon, M.W. and Spanogle, J. A. (2009). International Trade and Economic Relations, Concise Hornbook Series, West, St. Paul. Folsom, R. H., Gordon, M.W. and Spanogle, J. A. (2009). International Business Transactions, West, St. Paul. Additional Reading Material: Doğan, V. (2011). Banka Teminat Mektupları, Seçkin, Ankara. Durukanoğlu, N. (2008). Dış Ticaret Dünyası, Beta, İstanbul. Ekşi, N. (2010). Milletlerarası Ticaret Hukuku, Beta, İstanbul. Kayıhan, Ş. and Eski, M. (2010). Uluslararası Ekonomi Hukuku, Seçkin, Ankara. Reisoğlu, S. (2009). Banka Teminat Mektupları ve Kontrgarantiler, Ankara. Reisoğlu, S. (2009). Türk Hukukunda ve Bankacılık Uygulamasında Akreditif, Ankara. Turhan, N. (2010). Dış Ticaret ve Akreditifli İşlemlerin Uluslararası Uygulamaları Kılavuzu, Adalet, Ankara.

Semester Activities	Number	Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury	1	15
Project	1	20
Seminar / Workshop
Oral Exams
Midterm	1	25
Final Exam	1	40
Total

Weighting of Semester Activities on the Final Grade	3	60
Weighting of End-of-Semester Activities on the Final Grade	1	40
Total

Semester Activities	Number	Duration (Hours)	Workload
Theoretical Course Hours (Including exam week: 16 x total hours)	16	3	48
Laboratory / Application Hours (Including exam week: '.16.' x total hours)	16		0
Study Hours Out of Class	14	3	42
Field Work			0
Quizzes / Studio Critiques			0
Portfolio			0
Homework / Assignments			0
Presentation / Jury	1	10	10
Project	1	20	20
Seminar / Workshop			0
Oral Exam			0
Midterms	1	25	25
Final Exam	1	30	30
		Total	175

#	Program Competencies/Outcomes	* Contribution Level
#	Program Competencies/Outcomes	1	2	3	4	5
1	To be able to identify and analyze problems in the field of trade and finance, and to develop solutions.	-	-	-	-	-
2	To be able to apply theoretical and practical knowledge of international trade and finance to real-world professional contexts.	-	-	-	-	-
3	To be able to critically analyze global market developments and evaluate their implications for business and policy.	-	-	-	-	-
4	To be able to collect, analyze, and interpret financial and economic data by using digital and information technologies effectively.	-	-	-	-	-
5	To be able to understand and interpret legal frameworks, regulations and practices relevant to international trade and finance.	-	-	-	-	X
6	To be able to anticipate, define, and manage financial and trade-related risks through informed decision-making.	-	-	-	X	-
7	To be able to acquire and use verbal, written, and numerical skills effectively for the nature of international trade and finance program.	-	X	-	-	-
8	To be able to obtain, synthesize, and report trade- and finance-related information clearly and effectively.	-	X	-	-	-
9	To be able to contribute effectively as individuals, team members, and leaders in multidisciplinary environments.	-	-	-	-	-
10	To be able to evaluate trade and finance issues from ethical, social, and sustainability perspectives.	-	-	-	-	-
11	To be able to collect data in the areas of International Trade and Finance and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1).	-	-	-	-	-
12	To be able to speak a second foreign at a medium level of fluency efficiently.	-	-	-	-	-
13	To be able to relate the knowledge accumulated throughout human history to their field of expertise.	-	-	-	-	-