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

General course introduction information

Course Code:

ITRD401

Course Name:

Foreign Exchange Regimes

Course Semester:

Fall

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	6

Language of instruction:

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 GÜNCELER

Course Lecturer(s):

Assoc. Prof. BÜLENT GÜNCELER

Course Assistants:

Course Objective and Content

Course Objectives:

The course aims to introduce students overview and general information about regulations which are governing the activities in financial sector. It provides information about regulatory restrictions of banking activities. In this respect the attendees will be informed about the regulatory framework of banking activities.

Course Content:

The main aim of this course is to provide students with an introductory level but comprehensive overview of banking regulations, restrictions, limits and ways of trnsaction processing in respect of regulating bodies’ directives.

At the end of the course students will be capable of understanding the regulatory frame-work of banking system.

On successful completion of this course, all students will have sound knowledge and understanding on:

- Basics of Foreign Trade Regulations
- The Law for Protection of Turkish Currency
- Decree Nr. 32 for Foreign Transactions
- Invisible Transactions
- Regulatory environment of banks and other related parties
- Free Trade Zones
- Transit Trade
- Boarder Trade

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) • To recognize and identify the meaning and basics of International Trade Financing tools.
2) • To underline the critical importance of choosing the best among the various financing alternatives
3) • To explain and discuss the opportunities, benefits and structure of many different financing methods for developing international business.
4) • To explain and discuss the various risks in terms of finance techniques in international business life
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 Course Outline • Brief class about banking and bank regulations,	Homework: assigned reading for next class session Foreign Trade Basics
2)	• As specified in the document Nr. I	Homework: assigned reading for next class session
3)	• Continue to the document • Discuss “ Foreign Trade Basics	Discussion – reviewing examples
4)	• Discuss Each Chapter • Law for Protection of Turkish Currency	Discussion with live examples on-line
5)	• Continue to the chapters • Law for Protection of Turkish Currency	Discussion live examples on-line Review some documentation
6)	• Chapters of the Decree • Decree Nr. 32	Class Presentation – Live examples
7)	• Continue to chapters • Decree Nr. 32 ( continued )	Class Presentation – Live examples Discussion
8)	• Midterm Out of the topics of first 7 weeks	None
9)	• Discuss all chapters • Invisible Transactions	Class Presentation
10)	• Discuss all chapters • Invisible Transactions	Class Presentation with real examples
11)	• Chapters in the Document • Export Regime V	Class Presentation
12)	• Discuss all the chapters • Free Trade – Transit Trade – Boarder Trade – Foreign Direct Investments Nrs. VI – VII – VIII - IX	Class Presentation
13)	• First Half of Booklet • Deloitte; Customs & Foreign Trade Booklet ( for wrap-up )	Study next week’s topics from course material Deloitte – Customs & Foreign Trade Booklet ( Second Half )
14)	• Discuss remaining chapters Deloitte – Customs & Foreign Trade Booklet ( Second Half – for wrap-up )	• Discuss remaining chapters Deloitte – Customs & Foreign Trade Booklet ( Second Half – for wrap-up )
15)	Final Exam

Sources

Course Notes / Textbooks:

Doc. 1 Trade Finance Guide, A Quick Reference for U.S. Exporters,
by US Department of Commerce, Int’l Trade Administration

Günceler, Bülent , Basics of Financing Foreign Trade Transactions ( 2014 )

Supportive Materials ( will be provided through eders System )
Course Supp. Doc. 1 Madura, Financing Int’l Trade, Section – Int’l Financial Management
(2010 )
Course Supp. Doc. 2 Tools of Export Financing at Turk Eximbank. ( Aug 2015 )
Course Supp. Doc. 3 CGFS Papers – Trade Finance Developments & Issues – by BIS Jan 2014

References:

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.	3
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.	5
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
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.	4
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.	1
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.	2
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.	4
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.	3
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	4
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

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

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Homework
Individual Project
Group project
Presentation
Reporting
Case study presentation

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Attendance	1	% 20
Presentation	1	% 30
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
Midterms	1	10
Final	1	20
Total Workload		165