INBU 703 - International Trade Credit(s): 3 Prerequisite(s): MBAA 501 , MBAA 502 , MBAA 507 , MBAA 601 , MBAA 602 and MBAA 604 or ACCT 742 or HLCR 720 .
Includes a review of the principles of international trade, its magnitude, direction, and industrial classification, as well as the institutions (GATT, etc.) facilitating it. The course focuses on practical techniques and problems of exporting and importing with special attention to small business. Topics include: sources of marketing information, techniques of payment and collections, currency fluctuation problems and, hence, balance of payments analysis, sources and uses of funds to finance foreign trade, and government assistance.
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