This Online International Trade course is designed to provide the learners, and those operating within International Trade, an opportunity to broaden their understanding of global trade issues, and to gain a clear understanding of the processes and practicalities of International Trade.
Course Details, Time Table, LocationPrice: £45.00
Online course Level: 3 Course duration: 4-5 weeks, Flexible learning Course leaders: Siamak Taslimi & Tony Zohari Start Date: anytime On the completion of the course you can apply for Cavendish Professional Certificates, addition £35.00 fees will apply for certificates and postage.
Benefits’ of import and export course
Exporting allows you to grow your business by tapping into new overseas markets, expanding network contacts and exposing you to new ideas and methods that you may not have considered before. Importing, on the other hand, can help expand your business by letting you reach new domestic markets. An importing strategy can help you achieve business success by reducing manufacturing costs and allowing you access to new products you might not otherwise have been able to provide.
This import and export courses is suitable for all those involved in international business. Though this professional import and export course is specifically designed for individuals who intend to set up a sole trader status and offer a selling service to UK or global clients. Whilst previous international trading experience will be useful, this course will provide a useful opening for the new starter. It is also appropriate for corporate service providers such as banks, forwarders, accountants and international trade advisers.
International Trade Course Content
1- Types Of Economic Integration and Trade Agreements
These blocs offer special concessions to members of the group but impose restrictions on the imports from the non-member countries.
- Free Trade Area
- Custom Union
- Common Market
- Economic Union
- WTO and GATT
2- International Marketing with in International Trade Course
International Marketing presents a more complex task than domestic marketing because of the uncontrollable international marketing environment and their heterogeneity. Hence, making international marketing decision is generally more challenging.
- International marketing decision
- Market Selection Decision
- Entry and Operating Decisions
- Marketing Mix Decision
3- Documents & Procedures
- The role of Customs
- Sources of useful information
- The International Sales Contract
- The Export Order
- Delivery Terms (INCOTERMS® 2010)
- Commodity Codes
- The Export Invoice
- Origin and Preference
- Payment Methods
4- Payments & Finance
- Risk assessment
- Bank Guarantees
- Advance Payment
- Open Account
- Documentary Letters of Credit
- Documentary Collections & Bills of Exchange
- Credit Insurance
- Financing export transactions
- Foreign Exchange Risk Management
- Managing the risks – hedging techniques
5- Shipping and Documentation
The roles of the main third parties involved in international trade i.e. carriers, forwarders, Customs, banks, insurers etc
- Methods of international transport
- Transport Documents
- Cargo Insurance
- Cost elements in a DDP
- Functions of Bills of Lading, Waybills and Certificates of Shipment
- Role of Customs regarding export and import declarations