ITF 421 | Course Introduction and Application Information - Department of International Trade and Finance

Course Name

Regulatory Aspects of International Trade

Code	Semester	Theory (hour/week)	Application/Lab (hour/week)	Local Credits	ECTS
ITF 421	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	Discussion Q&A Lecture / Presentation
National Occupation Classification	-
Course Coordinator	Prof. Dr. C Coşkun KÜÇÜKÖZMEN
Course Lecturer(s)	Prof. Dr. NİL KULA
Assistant(s)	Araş. Gör. Birce TEDİK KOCAKAYA

Course Objectives	International trade and business are much more complicated than domestic ones because countries differ in many ways. This course focuses on how the political, economic and particularly legal systems of countries differ and affect the global trade.
Learning Outcomes	The students who succeeded in this course; Discuss how political and economic systems differ across countries and explain their implications for international trade law. Explain how national legal systems differ and assess their impact on international trade and business practices. Evaluate the implications of legal diversity for management and decision-making in global trade operations. Describe the nature and causes of trade wars and their effects on international business. Identify and explain the key legal and technological features of e-commerce and their significance in international transactions. Discuss the importance of policies, procedures, and laws in ensuring security, compliance, and ethical conduct in global trade.
Course Description	The course evaluates global trade transactions and policies from a globally legal perspective.
Related Sustainable Development Goals

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

Week	Subjects	Related Preparation
1	Introduction to Course Introduction to Regulatory Aspects; What do we know? - International Conventions - Codes The Relationship Between International Trade, Logistics and Transportation	Lecture notes
2	Contractual Relations and Essential Actors Concerning International Trade (1) - General Overview on Contracts and Their Validity - Seller - Buyer Legal Features of International Sales Contracts	Lecture notes
3	United Nations Convention on Contracts for the International Sale of the Goods -Turkish Law of Obligations -Case Study	Lecture notes
4	Delivery Terms in International Trade -Case Study	Lecture notes
5	International Payment Methods and Letter of Credit -Case Study	Lecture notes
6	International and Commercial Trade Documents	Lecture notes
7	Contractual Relations and Essential Actors Concerning International Trade (2) - Carrier – Contract of Carriage - Agency – Agency Contract - Broker - Freight forwarder – Freight Forwarding Contract - Insurer – Insurance Contract Case Study	Lecture notes
8	Carriage of Goods-Maritime Transportation	Lecture notes
9	Midterm Exam
10	Carriage of Goods-Road-Rail-Airway Transportation	Lecture notes
11	General Aspects of Insurance -Case Study	Lecture notes
12	Term Paper Presentations
13	Term Paper Presentations
14	Term Paper Presentations
15	Semester Review
16	Final Exam

Course Notes/Textbooks

Based on Lecturer’s Notes and regular positing via BlackBoard.

Suggested Readings/Materials

International Trade Law, Prof. Dr. Ercüment Erdem

Global Business Today, 11e, Charles W. L. Hill and G. Tomas M. Hult, 2020, McGrawHill ISBN-13: 978-1260088373

The Handbook of International Trade, A Guide to the Principles and Practice of Export, 2^nd ed Consultant Editors:

Jim Sherlock and Jonathan Reuvid, GMB Publishing, 2008 ISBN-13: 978-1846730344

The Handbook of International Trade and Finance, Anders Grath, Kogan Page, 2008 ISBN: 074946398

E-Commerce 2019: Business, Technology, Society, 15^th Ed. Pearson, Kenneth C. Laudon and Carol G. Traver ISBN-13: 978-0134998459

Giuditta Cordero-Moss,International Commercial Contracts: Applicable Sources and Enforceability, Cambridge University Press, June 2014

Online ISBN:9781139248815

UNCTAD- unctad.org

WTO – www.wto.org

WEF- www.weforum.org

https://www.e-commerce2019.com/index.html

All announcements, results and materials will be available on the Blackboard site of the course.

Semester Activities	Number	Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury	1	15
Project	1	15
Seminar / Workshop
Oral Exams
Midterm	1	30
Final Exam	1	40
Total

Weighting of Semester Activities on the Final Grade	4	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	1.5	21
Field Work			0
Quizzes / Studio Critiques			0
Portfolio			0
Homework / Assignments			0
Presentation / Jury	1	15	15
Project	1	20	20
Seminar / Workshop			0
Oral Exam			0
Midterms	1	30	30
Final Exam	1	40	40
		Total	174

#	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.	-	-	X	-	-
2	To be able to apply theoretical and practical knowledge of international trade and finance to real-world professional contexts.	-	-	X	-	-
3	To be able to critically analyze global market developments and evaluate their implications for business and policy.	-	-	-	X	-
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.	-	-	-	-	-
7	To be able to acquire and use verbal, written, and numerical skills effectively for the nature of international trade and finance program.	-	-	-	-	-
8	To be able to obtain, synthesize, and report trade- and finance-related information clearly and effectively.	-	-	-	-	-
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.	-	-	-	-	-