Study Guide

Objective

Students
-are able to handle export and import activities in a company
-know the meaning of Incoterms
-are familiar with different ways of payment in foreign trade and can choose the most suitable
-can draw up contracts concerning foreign trade
-can make instructions for forwarding and custom clearance

Content

Export and import transactions in a company
Incoterms
Different payment methods in foreign trade
Documents needed for foreign trade
Instructions needed for freight forwarding and customs clearance

Qualifications

Business Skills 1

Assessment criteria, satisfactory (1)

Basic understanding of export and import activities in a company
Basic understanding of incoterms
General picture of different ways of payment in foreign trade
General picture of the shipping and customs clearance process and the documents needed for foreign trade

Assessment criteria, good (3)

Good understanding of export and import activities in a company
Good understanding of incoterms
Good knowledge of different ways of payment in foreign trade
Students are familiar with the most common documents used in foreign trade, freight forwarding and customs clearance.

Assessment criteria, excellent (5)

Excellent understanding of export and import activities in a company and ability to utilize theories
Excellent understanding of incoterms
Excellent knowledge of different ways of payment in foreign trade and ability to choose the most suitable method
Students have a good knowledge about the documents used in foreign trade, freight forwarding and customs clearance

Assessment criteria, approved/failed

Fail: The criteria for grade 1-2 are not met.

Materials

See current implementation FEV18IA01