Academy of Technical and
Art Applied Studies Belgrade

Foreign Trade Course code: P21036 | 6 ECTS credits

Basic information
Level of Studies: Undergraduate applied studies
Year of Study:
Semester: 8
Requirements:
Goal: Introducing students to the basics of foreign trade and international banking, as well as training students to do this type of work.
Outcome: Having gained a detailed understanding of the functioning of foreign banks and types of international business, student should be trained to work with payment transactions in international payment transactions.
Contents of the course
Theoretical instruction:
  1. Foreign trade and foreign exchange system: Foreign exchange. Currencies. Interbank foreign exchange market. Foreign exchange operations of banks. Foreign trade services. Serbia's balance of payments. World financial centers. OFC. Rations: ROE, ROA ...
  2. International trade financing - international banks: Banking structure in the world. The evolution of the international financial system. International financial institutions. International lending. Related trade. Hedging. Special forms of financing. Risks. INCOTERMS.
  3. Guarantees and bills of exchange: Types. Analysis of situations in which they are used. Legal procedures.
  4. International payment transactions: Concept.
  5. Instruments: Letter of Credit. Documentary collection. Bank transfer. Check. Promissory note. Letter of credit. Bank guarantee. Credit card. Electronic international transfers of funds in banks. SWIFT.
Practical instruction (Problem solving sessions/Lab work/Practical training):
  1. Problem solving sesions
  2. Paper work on given topics
Textbooks and References
  1. R. Lukić, Bankarsko računovodstvo, Ekonomski fakultet, Beograd, 2002.
  2. F. Miškin, Monetarna ekonomija, bankarstvo i finansijska tržišta, Data status, Beograd 2006.
  3. D. Miljković, Međunarodne finansije, Ekonomski fakultet u Beogradu, 2008.
Number of active classes (weekly)
Lectures: 4
Practical classes: 2
Other types of classes: 0
Grading (maximum number of points: 100)
Pre-exam obligations
Points
activities during lectures
10
activities on practial excersises
0
seminary work
10
colloquium
30
Final exam
Points
Written exam
50
Oral exam
0