Module: International Trade and Export

Module details

  • Module code

    4264
  • Module leader

    Lee Hibbert
  • Module Level

    7
  • Module credits

    15
  • Min study time

    150 hours
  • Contact hrs

    36 hours

Module content

The context of world trade and its phenomenal growth in recent decades; Classic Models of Trade Theory, including the Ricardian theory of comparative advantage; the Heckscher–Ohlin model and the effect of international trade on income distribution, and more recent trade models incorporating economies of scale, imperfect competition and product differentiation; trade policy and the analysis of the economic effects of tariffs; and why countries join international trade agreements and how the World Trade Organisation (WTO) settles international trade disputes.

Module outcomes

On successful completion of this module a student should be able to:

  1. Critically explore the main strategic decisions to be taken when establishing international trading solutions.
  2. Recognise the key issues in the management of national and international economies and their impact on trading decisions.
  3. Demonstrate knowledge of the impact of global changes as they affect trade.
  4. Empirically evaluate international trade principles in order to design appropriate trading solutions in different international contexts.
  5. Evaluate and integrate principles for trading internationally in the areas of:
  •   Operational, storage, customs, logistics and banking issues
  •   Legal constraints and opportunities
  •   Management of cross cultural, international virtual teams
  •   Marketing of products and services nationally and internationally
  •   Financial issues including sources of funds, transfer pricing and taxation.

Assessment

Assessment Description Weighting
Coursework 1 Export Proposal (1000 words) 30%
Coursework 2 Export Plan & Risk Assessment (2000 words) 70%

Assessments may differ in 2020/21 due to adjustments for Covid-19. Please check Gateway for the latest regulations.

Key texts

Essential resources:

  • Reuvid, J. and Sherlock, J. (eds.) (2008) The handbook of international trade: a guide to the principles and practice of export. 2nd edn. GMB Publishing.

 

Additional resources:

  • Turner, K. and Entrepreneur Press (2014) Start your own import/export business: your step-by-step guide to success. 4th edn. Entrepreneur Press. (Startup Series).
  • Alan E. Branch , Export Practice and Management,  April, 2006
  • PIERCY, N. (1982) Export strategy: markets and competition. Allen & Unwin.