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ECTS Course Overview



International Trade

* Exchange students do not have to consider this information when selecting suitable courses for an exchange stay.

Course Unit Code120-0563/02
Number of ECTS Credits Allocated5 ECTS credits
Type of Course Unit *Choice-compulsory
Level of Course Unit *Second Cycle
Year of Study *
Semester when the Course Unit is deliveredWinter Semester
Mode of DeliveryFace-to-face
Language of InstructionEnglish
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
FOJ28doc. Ing. Lenka Fojtíková, Ph.D.
Summary
The subject is focused on understanding the main causes, forms and importance of international trade in the long-term historical connections and with respect to the current trends in the development of the global economy. After successfully finishing the course, the students will be able to solve the individual trade cases in the conditions of the Czech memberships in the European Union.
Learning Outcomes of the Course Unit
- to outline the main reasons for trade
- to identify the principle of international trade
- to assess the main factors influencing the position of countries in world trade
- to analyse practical trade cases
- to describe the trade policy instruments
- to assess the current trends in global trade
Course Contents
1.The introduction of the course - The principle of international trade. The determination of the main terms, the substance and causes of international trade. The main corners in the development of international trade.
2.The importance of international trade for the world economy, the rate of economic openness, balance of payments.
3.The importance and instruments of international trade.
4.The globalisation of trade flows and the determination of the main trade centres in the world.
5.The sources of comparative advantages and factors that influence their changes.
6.Trade policy - the principle of protectionism and liberal trade policy, multilateral trading system.
7.Trade liberalisation and international organizations(WTO, UNCTAD, OECD, WB).
8.The Common Commercial Policy of the European Union.
9.The foreign trade policy of the Czech Republic before its entrance into the European Union, the forms and possibilities of enforcing the Czech trade interests in the European Union.
10.Regionalism in the world economy and regional trade agreements.
11.International trade and developing countries.
12.Foreign direct investments and trade flows.
13.Trade defence instruments.
14.Trade disputes and the mechanism of the dispute settlement in the WTO.
Recommended or Required Reading
Required Reading:
GERBER, James. International Economics. Seventh Edition. Harlow: Pearson Education Limited, 2018. 504 p. ISBN 978-0-13-447209-6. ISBN 10: 1-292-21416-3. ISBN 13: 978-1-292-21416-0.
HELPMAN, Elhanan. Understanding Global Trade. London: The Belknap Press of Harvard University Press, 2011. 222 s. ISBN978-0-674-06078-4.
McLAREN,J. International Trade. Danvers: John Wiley & Sons, 2013. 329 s. ISBN978-0-470-40879-7.
FOJTÍKOVÁ, Lenka a kol. Postavení Evropské unie v podmínkách globalizované světové ekonomiky. 1. vyd. Ostrava: VŠB-TU Ostrava, 2014, 364 s. ISBN 978-80-248-3333-0.
FOJTÍKOVÁ, Lenka a Bohdan VAHALÍK. Zahraniční obchod České republiky pod vlivem globalizačních jevů a procesů. Ostrava: VŠB-TU, 2015, 196 s. ISBN 978-80-248-3822-9.
ŠTĚRBOVÁ, Ludmila a kol. Mezinárodní obchod ve světové krizi 21. století. Praha: Grada Publishing, 2013. 364 s. ISBN 978-80-247-4694-4.

Recommended Reading:
BURRI, Mira and Thomas COTTIER. Trade Governance in the Digital Age. Cambridge: Cambridge University Press, 2015, 475 s. ISBN 978-1-107-54261-7.
KRUGMAN, P., M. OBSTFELD and M. J. MELITZ. International economics: theory. 9th ed. Boston: Pearson Addison-Wesley, 2011, 701 s. ISBN 01-321-4665-7.
SCHROPP, Simon A.B. Trade Policy Flexibility and Enforcement in the WTO. A Law and Economic Analysis. Cambridge: Cambridge University Press, 2013, 360 s. ISBN 978-1-107-63818-1.
DVOŘÁK, Pavel. Základy mezinárodní obchodní politiky. 1. vyd. 2. dotisk. Praha: VŠE, 2001, 219 s. ISBN 80-7079-658-8.
FOJTÍKOVÁ, Lenka. Zahraničně obchodní politika ČR. Historie a současnost (1945-2008). Praha: C. H. Beck, 2009, 246 s. ISBN 978-80-7400-128-4.
KALÍNSKÁ, Emílie a kol. Mezinárodní obchod v 21. století. Praha: Grada Publishing, 2010, 228 s. ISBN 978-80-247-3396-8.
Planned learning activities and teaching methods
Lectures, Tutorials
Assesment methods and criteria
Tasks are not Defined