International Trade (English)
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

General course introduction information

Course Code:

ITRD306

Course Name:

International Trade Strategies and Organizations

Course Semester:

Spring

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	6

Language of instruction:

TR-EN

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Compulsory

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Assoc. Prof. BÜLENT HOCA

Course Lecturer(s):

Dr.Öğr.Üyesi SEDA KEKLİK

Course Assistants:

Course Objective and Content

Course Objectives:

The purpose of this course is to prepare students to be managers for the increasingly competitive international trade world. The emphasis of this course will be on the international trade environment, multilateral and regional trade agreements.
Through chapters, readings, and case analyses, we will discuss issues related to types of trade policies, main international trade organizations and agreements; how and why they developed; current discussions and changes in them.

Course Content:

Perspectives on international trade organizations; review of basic international economic relations, trade policy, instruments of trade policy, tariffs, nontariff barriers; world and international trade organizations after the World War II; Bretton-Woods System; IMF; GATT; European Economic Community; the crisis in 1970s; globalization and international trade organizations; collapse of Bretton-Woods System; globalization; growth of multinational corporations; World Trade Organization (WTO); principles of the WTO; degrees of economic integration; European Union (EU); institutions of the EU, EU product rules, regional integrations.

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) • Understand the theory of trade policies and role of ethics.
2) • Define and explain the trade policies and arguments about them.
3) • Understand the roles of international trade organizations, especially World Trade Organization, within a global and historical context.
4) • Explain, compare and illustrate the levels of economic integration.
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week	Subject	Related Preparation
1)	• Syllabus. • Discuss Library Orientation Course, Instructor to verify completion. • Understand international trade organizations as organizations that establish rules, norms and regimes for the international trade. • Recognize the existence of an international trading system.	None
2)	• Illustrate consumer surplus. • Illustrate producer surplus. • Illustrate export on a graph. • Illustrate import on a graph.	None
3)	• Describe the effects of tariffs on resource allocation and income distribution. • Illustrate the effects of tariffs on resource allocation and income distribution. • Define deadweight loss. • Describe efficiency loss.	none
4)	• Define other potential costs of tariffs. • Define retaliation. • Describe the large country case. • Illustrate when a large country can increase its welfare.	none
5)	• Define value added. • Calculate effective rate of protection. • Describe with a diagram the effects of quotas on resource allocation and income distribution. • Describe in words the effects of quotas on resource allocation and income distribution. • List the nontariff barriers.	none
6)	• Illustrate the sectors where tariffs tend to be higher. • Describe the costs of protectionism. • Understand the logic of collective action. • List the reasons for using trade protectionism.	none
7)	• Describe the effects of tariffs on resource allocation and income distribution. • Illustrate the effects of tariffs on resource allocation and income distribution. • Define deadweight loss. • Describe efficiency loss. • Define other potential costs of tariffs. • Define retaliation. • Define value added. • Calculate effective rate of protection.	none
8)	• Describe revenue and jobs as a reason of protectionism. • Define infant industry argument for protectionism. • Explain the national security argument for protectionism. • Explain the retaliation argument for protectionism.	none
9)	• Explain the importance of Bretton-Woods conference. • Define institution. • Classify and give examples of the main types of international economic organizations. • Explain the role of IMF and World Bank in international economic relations.	none
10)	• List the main agreements of WTO. • Explain GATS. • Explain TRIPS. • Describe the types of intellectual property rights.	none
11)	• Describe the principles of WTO. • Explain the exceptions to the principles. • Identify the existence of regional agreements as exceptions. • Define the trade remedies.	none
12)	• Explain the institutional structure of WTO. • Describe the dispute settlement mechanism. • Identify the steps of dispute settlement mechanism. • Describe the trade policy review mechanism. • Explain the decision-making in WTO.	none
13)	• Explain the types of regional trade agreements. • Compare the types of regional trade agreements. • Give examples of different levels of economic integration. • List the prominent regional trade agreements (RTA).	none
14)	• Understand the relation between a RTA and the WTO. • Define trade creation. • Define trade diversion. • Explain the role of international economic institutions using public goods.	none
15)	Final exam • List the nontariff barriers. • Explain the reasons for using trade protectionism. • List the main agreements of WTO. • List the types of intellectual property rights. • Describe the principles of WTO. • Explain the exceptions to the principles. • Discuss the trade remedies. • Explain the types of regional trade agreements.	none

Sources

Course Notes / Textbooks:	International Economics Author: James Gerber Publisher: Pearson, (7th Edition) 2018 ISBN-10: 1-292-21416-3 ISBN-13: 978-1-292-21416-0
References:	yok

Course-Program Learning Outcome Relationship

Learning Outcomes	1	2	3	4
Program Outcomes
1) To have theoretical and practical knowledge at the basic level supported by textbooks, application tools and other resources with current knowledge in the field based on the qualifications gained at the secondary level.
2) - To gain the ability to use the theoretical and practical knowledge at the basic level at an advanced level or at the same level in the same field. - To be able to interpret and evaluate the data by using the basic knowledge and skills acquired in the field, to identify and analyze the problems, to develop solutions based on evidence.
3) - To be able to convey his / her thoughts on basic knowledge and skills at the level of written and verbal communication. - To share his / her thoughts and solutions to the problems related to his / her field with experts and non-experts. - To be able to follow information in the field and communicate with colleagues by using a foreign language at least at a level of European Language Portfolio A2 General Level. - To be able to use information and communication technologies together with computer software at the basic level of European Computer Driving License required by the field.
4) - To be able to evaluate the basic knowledge and skills acquired in the field with a critical approach, to determine and meet the learning needs. - To be able to direct his / her education to an advanced level of education in the same field or to a profession at the same level. - Not to have gained awareness of lifelong learning.
5) - To have social, scientific, cultural and ethical values in the stages of collecting, applying and announcing the data related to the field. - To have sufficient awareness of the universality of social rights, social justice, quality and cultural values, environmental protection, occupational health and safety.
6) - To be able to conduct a basic level study independently. - To be able to take responsibility as a team member to solve unforeseen complex problems encountered in the applications related to the field. - To be able to carry out activities for the development of employees working under their responsibility within the framework of a project.
7) - To have advanced theoretical and practical knowledge supported by textbooks containing current information in the field, application tools and other resources.
8) To be able to use the advanced theoretical and practical knowledge acquired in the field. - Interpret and evaluate data using the advanced knowledge and skills acquired in the field, identify problems, analyze, develop solutions based on research and evidence.
9) - To be able to inform the relevant persons and institutions about the related subjects; transfer ideas and solutions to problems in written and orally. - To share his / her thoughts and solutions to the problems related to the field with the experts and non-experts by supporting them with quantitative and qualitative data. -To be able to organize and implement projects and activities for the social environment in which he / she lives with a sense of social responsibility. - To follow the information in his / her field and to communicate with his / her colleagues by using a foreign language at least at the European Language Portfolio B1 General Level. - To be able to use information and communication technologies together with computer software at the Advanced Level of European Computer Driving License required by the field. - To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the data related to the field. - To have sufficient awareness about the universality of social rights, social justice, quality culture and protection of cultural values, environmental protection, occupational health and safety.
10) - To be able to critically evaluate the advanced knowledge and skills acquired in the field, - Identify learning needs and direct learning. - To develop positive attitudes about lifelong learning.
11) To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the data related to the field. - To have sufficient awareness about the universality of social rights, social justice, quality culture and protection of cultural values, environmental protection, occupational health and safety
12) - To be able to conduct an advanced study independently. - To be able to take responsibility as an individual and as a team member to solve unforeseen complex problems encountered in the applications related to the field. - To be able to plan and manage activities for the development of employees working under their responsibility.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	To have theoretical and practical knowledge at the basic level supported by textbooks, application tools and other resources with current knowledge in the field based on the qualifications gained at the secondary level.	4
2)	- To gain the ability to use the theoretical and practical knowledge at the basic level at an advanced level or at the same level in the same field. - To be able to interpret and evaluate the data by using the basic knowledge and skills acquired in the field, to identify and analyze the problems, to develop solutions based on evidence.	4
3)	- To be able to convey his / her thoughts on basic knowledge and skills at the level of written and verbal communication. - To share his / her thoughts and solutions to the problems related to his / her field with experts and non-experts. - To be able to follow information in the field and communicate with colleagues by using a foreign language at least at a level of European Language Portfolio A2 General Level. - To be able to use information and communication technologies together with computer software at the basic level of European Computer Driving License required by the field.	5
4)	- To be able to evaluate the basic knowledge and skills acquired in the field with a critical approach, to determine and meet the learning needs. - To be able to direct his / her education to an advanced level of education in the same field or to a profession at the same level. - Not to have gained awareness of lifelong learning.	5
5)	- To have social, scientific, cultural and ethical values in the stages of collecting, applying and announcing the data related to the field. - To have sufficient awareness of the universality of social rights, social justice, quality and cultural values, environmental protection, occupational health and safety.	3
6)	- To be able to conduct a basic level study independently. - To be able to take responsibility as a team member to solve unforeseen complex problems encountered in the applications related to the field. - To be able to carry out activities for the development of employees working under their responsibility within the framework of a project.	5
7)	- To have advanced theoretical and practical knowledge supported by textbooks containing current information in the field, application tools and other resources.	4
8)	To be able to use the advanced theoretical and practical knowledge acquired in the field. - Interpret and evaluate data using the advanced knowledge and skills acquired in the field, identify problems, analyze, develop solutions based on research and evidence.	4
9)	- To be able to inform the relevant persons and institutions about the related subjects; transfer ideas and solutions to problems in written and orally. - To share his / her thoughts and solutions to the problems related to the field with the experts and non-experts by supporting them with quantitative and qualitative data. -To be able to organize and implement projects and activities for the social environment in which he / she lives with a sense of social responsibility. - To follow the information in his / her field and to communicate with his / her colleagues by using a foreign language at least at the European Language Portfolio B1 General Level. - To be able to use information and communication technologies together with computer software at the Advanced Level of European Computer Driving License required by the field. - To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the data related to the field. - To have sufficient awareness about the universality of social rights, social justice, quality culture and protection of cultural values, environmental protection, occupational health and safety.	3
10)	- To be able to critically evaluate the advanced knowledge and skills acquired in the field, - Identify learning needs and direct learning. - To develop positive attitudes about lifelong learning.	4
11)	To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the data related to the field. - To have sufficient awareness about the universality of social rights, social justice, quality culture and protection of cultural values, environmental protection, occupational health and safety	5
12)	- To be able to conduct an advanced study independently. - To be able to take responsibility as an individual and as a team member to solve unforeseen complex problems encountered in the applications related to the field. - To be able to plan and manage activities for the development of employees working under their responsibility.	3

Learning Activity and Teaching Methods

Field Study
Expression
Brainstorming/ Six tihnking hats
Individual study and homework
Lesson
Group study and homework
Reading
Homework
Problem Solving
Seminar
Q&A / Discussion

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Homework
Observation
Presentation

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Midterms	1	% 50
Final	1	% 50
total		% 100
PERCENTAGE OF SEMESTER WORK		% 50
PERCENTAGE OF FINAL WORK		% 50
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Workload
Course Hours	15	45
Study Hours Out of Class	15	90
Project	1	12
Midterms	1	10
Final	1	20
Total Workload		177