OPF:EVSBAZOP Foreign Trade Policy - Course Information

EVSBAZOP Foreign Trade Policy

Extent and Intensity

2/0/0. 5 credit(s). Type of Completion: zk (examination).

Guaranteed by

Departament of Economics and Public Administration – School of Business Administration in Karvina
Contact Person: Dr. Ing. Ingrid Majerová

Prerequisites

The completion of the course does not require any conditions and subject can be registered independently of other subjects.

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

• Business Economics in Trade and Services (programme OPF, B_EKOMAN)

Course objectives

The course acquaints students with the external economics relations of the national economy and the importance of foreign trade for the country's economy. To the extent necessary, students will be acquainted with the theory of trade and problematic of balance of payment and external balance of the country. Further, students will acquire knowledge of the measurement of foreign trade and fundamental indicators of its intensity. Emphasis is placed on international trade policy and its formation, the foreign trade policy and its instruments and common commercial policy of EU member states. Within the framework of the course is also analysed specific features of small economy and problem of the transformation of centrally planned economies in the area of foreign trade. To the extent necessary, the course deals with problematic of business operations.

Syllabus

• 1. The classical theory of international trade
  2. The standard theory of international trade
  3. The theory of the balance of payments, exchange rate
  4. The importance of foreign trade in small economies
  5. International trade agreements and international trade policy
  6. Autonomous instruments of foreign trade policy
  7. The common commercial policy of the EU
  8. Support for export
  9. Development of foreign trade policy in the Czech Republic
  10. Foreign direct investment and foreign trade
  11. Foreign trade in services
  12. Risks of foreign trade
  13. Financing of foreign trade

Literature

required literature
• SURANOVIC, S. International Trade. Theory and policy. New York: Flat World Knowledge Inc., 2011. ISBN 978-1-936126-44-6. info
• KRUGMAN, P. R., OBSFELD, M. International Economics. Theory and Policy. Reading: Addison - Wesley, 2000. ISBN 0-321-03387-6. info

recommended literature
• HOEKMAN, B., KOSTECKI, M. The political Economy of the World Trading System from GATT to WTO. Oxford University, 1995, 1995. ISBN 0-19-829017-9. info

Teaching methods

Skills demonstration

Assessment methods

Grade
Test

Language of instruction

English

Further comments (probably available only in Czech)

The course can also be completed outside the examination period.

Teacher's information

Write a 10-page case study. Pass an oral exam.
Additional tasks: research and study of the literature related to the given issue.

Activity	Difficulty [h]
Ostatní studijní zátěž	80
Přednáška	26
Zkouška	40
Summary	146

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