Faculty: Economics and Administrative Sciences This major provides a comprehensive understanding of the principles and practices of international trade, focusing on the exchange of goods, services, and capital across borders. Students explore key areas such as global trade policies, supply chain management, trade finance, and international market analysis. The program emphasizes strategic thinking, cultural awareness, and the application of trade principles to navigate the complexities of global markets. Graduates are prepared for careers in international business, trade consulting, logistics, and government trade agencies. **Learning Objectives:** - Understand the fundamentals of international trade and global economics. - Develop skills in analyzing and managing global trade operations. - Learn techniques for navigating trade regulations and compliance. - Explore the role of supply chain management and logistics in international trade. - Understand the principles of trade finance and risk management. - Analyze challenges and opportunities in global trade markets. - Develop critical thinking and problem-solving skills for international trade projects. **Major Outline:** 1. **Introduction to International Trade** - Overview of the field, its history, and its importance in the global economy. 2. **Global Trade Policies and Regulations** - Study of international trade agreements, tariffs, and trade barriers. - Techniques for understanding and complying with trade regulations. 3. **Supply Chain Management and Logistics** - Principles of managing global supply chains and optimizing logistics. - Techniques for ensuring efficient and cost-effective trade operations. 4. **Trade Finance and Risk Management** - Fundamentals of trade finance instruments, such as letters of credit and export credit insurance. - Techniques for managing financial risks in international trade. 5. **International Market Analysis** - Study of market research, consumer behavior, and competitive analysis in global markets. - Techniques for identifying and entering new international markets. 6. **Cross-Cultural Business Practices** - Exploration of cultural differences and their impact on international trade. - Techniques for effective cross-cultural communication and negotiation. 7. **Emerging Trends in International Trade** - Analysis of innovations such as e-commerce, digital trade, and sustainable trade practices. - Techniques for adapting to new trends and technologies in global trade. 8. **Trade Compliance and Legal Issues** - Study of trade compliance requirements, customs procedures, and legal frameworks. - Techniques for ensuring adherence to international trade laws. 9. **Capstone Project in International Trade** - Real-world project to apply learned skills in market analysis, trade strategy, or supply chain management. - Techniques for delivering a comprehensive international trade solution. **Assessment Methods:** - Case studies and simulations of international trade scenarios. - Written assignments on trade policies, supply chain management, and market analysis. - Group projects in trade strategy development and logistics optimization. - Participation in internships or fieldwork with international trade organizations or businesses. **Recommended Textbooks:** - "International Trade: Theory and Policy" by Paul R. Krugman, Maurice Obstfeld, and Marc Melitz. - "Global Supply Chain Management" by Matt Drake. - "Export/Import Procedures and Documentation" by Thomas E. Johnson. - "International Business: The Challenges of Globalization" by John J. Wild and Kenneth L. Wild. **Prerequisites:** Basic knowledge of economics, business, or international relations is recommended. Suitable for students in business, economics, and related fields. **Major Duration:** Typically 4 years, including coursework, projects, and internships. **Certification:** Graduates may receive a degree in International Trade or a related field and may pursue additional certifications (e.g., Certified International Trade Professional, CITP). **Target Audience:** Aspiring trade specialists, logistics managers, international business consultants, and government trade officials seeking to excel in global trade operations and strategy. This major equips students with the strategic, analytical, and cultural skills needed to excel in international trade, driving success in global markets and trade operations.