MAE18 International Trade

University College Prague – University of International Relations and Institute of Hospitality Management and Economics, Ltd.
summer 2024
Extent and Intensity
2/0/0. 3 credit(s). Type of Completion: zk (examination).
Teacher(s)
JUDr. Ing. Miroslav Okrouhlý, M.Sc. (lecturer)
Prerequisites
None
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
Course objectives
The course MAE18 has been designed to introduce students to key dimensions of international business and trade. It covers the issues of globalization, effects of political, cultural, legal and economic differences in world trade, international trade theory, government influence on the world trade pattern, the international monetary system, various forms of international business organizations and economic integration. It discusses the methods used in international trade such as exporting, importing, joint ventures and foreign direct investment. • • The course introduces students to the international perspective of business environment reflecting the fact that managers must adapt their approaches to take account of the strong international competition, which is increasingly apparent in today's globalized world.
Learning outcomes
Upon completion of the course, students should be able to appreciate the nature of international business and impact of globalization, understand the issues of cross-national economic cooperation and analyze international business strategies. Students will acquire knowledge of the determinants of trade, direct investment and various forms of collaborative arrangements
Syllabus
  • •Globalization •Environments Facing Business •Theories of International Trade •Governments and International Trade •International Trade Agreements, International Trade and Economic Integration •Export and Import, International Marketing •Investment and Joint Ventures •International Finance, Foreign Exchange Markets, FX Rates •Strategy and Organization of International Business •Case study: Importance of International Trade in a country's economy (Czechia)
Literature
    required literature
  • DANIELS, John.D and Lee H. RADEBAUGH. International Business. 16th Edition. USA, United Kingdom: Pearson Education Limited, 2017, 688 pp. ISBN 978-1-292-40327-4. info
    recommended literature
  • HILL, Charles W.L:. International Business: Competing in the Global Marketplace. 11th ed. USA: McGraw-Hill Higher Education, 2017, 704 pp. ISBN 978-1-259-57811-3. info
Teaching methods
Lectures, Individual preparation. Workload: Lectures (18 hrs); Individual preparation (60 hrs); Total: 78 hrs.
Assessment methods
Final exam assessment method: Written test. The test consists of 50 questions, 50% plus of correct answers is needed to pass.
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Note related to how often the course is taught: KS: 4|4|4, celkem 12.
The course is also listed under the following terms Summer 2014, summer 2016, summer 2017, summer 2018, summer 2021, summer 2022, summer 2023.
  • Enrolment Statistics (summer 2024, recent)
  • Permalink: https://is.ucp.cz/course/ucp/summer2024/MAE18