BUSN 188 - Importing and Exporting

4 Credits

The history and importance of importing and exporting to global business . This course is a skill building course for those new to international trade which includes the logistics of importing and exporting, international transportation and customs procedures, major concepts and terminology. After completion of the course, students have the option of sitting for the IIEI Certified Exporter Exam.

Fees

Quarters Typically Offered
Spring Online

Designed to Serve Students in the International Business & Trade and General Business degree programs, as well as students in other professional technical programs. Small Business professionals seeking international trade training
Active Date 20220308T16:47:02

Grading Basis Decimal Grade
Class Limit 35
Contact Hours: Lecture 44
Total Contact Hours 44
Degree Distributions:
ProfTech Course Yes
Restricted Elective Yes
Course Outline

Brief history of import and export
Importance of trade
Finding a source of supply and/or international customers
International Market Research
Import-export terminology
International Banking
Modes of transportation
Customs broker and Freight Forwarders
International Pricing
Claims, damages
Distribution (port of entry to consumer)

Student Learning Outcomes
Explain the importance of trade to the economy of the US and Washington State using appropriate international trade terminology

Evaluate market suitability for a given product based on relevant international market data

Accurately calculate international pricing options to include the use of Incoterms and foreign exchange.

Select the best markets for imported products based on evaluation of domestic markets, financing options, and modes of transportation

Identify and explain career opportunities in the field of international trade

Identify and evaluate products that are economically, demographically and culturally appropriate for various international and domestic markets

Locate and complete applicable trade documentation for select international transactions