Module Overview

Introduction to Customs and International Trade

The module provides the student the knowledge and understanding of the issues involved  in an International Trade and Customs environment. The programme will review the role and function of Customs in the area of International Trade, Globalisation, EU single market and Brexit.

Module Code

BSMT 9005

ECTS Credits

5

*Curricular information is subject to change

                                                                                                                                                                        

Customs Law

Open International Market. Four freedoms in the treaty. Common policies. Customs Code Regulation EC No. 2913/92/ 2454/93. Classification rules - tariff, harmonised system and TARIC imports into the Community. Free Circulation. Valuation of goods for Customs. The Rule of Origin.

Trade Documents & Processes                                                                                                              

Trade Facilitation & effective Customs control. Single Administrative Document (SAD). Paperless systems - Automatic Entry Processing (AEP), Direct Trader Input (DTI), Deferred Payment (TAN). Simplified Declaration Procedure. VAT on imports/exports. Duty Free. Export Licences. Tariffs, Quotas, Import Preferences, General System of Preferences (GSP). Duty Relief (IP &OP) Temporary Importation Relief, End User Relief, Customs Warehousing, Duty Free Zones, International Chamber of Commerce (ICC), Incoterms, Authorised Economic Trader (AEO)

Single European Market                                                                                                                                                 

Background to the Single European Market, Competition Policy with in the EU, Harmonisation within the EU. The Enlargement of EU, Brexit and its Implications

Transport Documentation and Control                                                                                                                               

Overview of export documentation, Transport conventions, Bills of Lading, Waybills, Carrier's Liability,

Finance of International Trade                                                                                                                                                           

Business Finance, International payment methods, Letters of credit, Money laundering, Health and safety.

Sustainability in Customs and International Trade Environment

Customs Law

Open International Market. Four freedoms in the treaty. Common policies. Customs Code Regulation EC No. 2913/92/ 2454/93. Classification rules - tariff, harmonised system and TARIC imports into the Community. Free Circulation. Valuation of goods for Customs. The Rule of Origin.

Trade Documents & Processes

Trade Facilitation & effective Customs control. Single Administrative Document (SAD). Paperless systems - Automatic Entry Processing (AEP), Direct Trader Input (DTI), Deferred Payment (TAN). Simplified Declaration Procedure. VAT on imports/exports. Duty Free. Export Licences. Tariffs, Quotas, Import Preferences, General System of Preferences (GSP). Duty Relief (IP &OP) Temporary Importation Relief, End User Relief, Customs Warehousing, Duty Free Zones, International Chamber of Commerce (ICC), Incoterms, Authorised Economic Trader (AEO)

Single European Market

Background to the Single European Market, Competition Policy with in the EU, Harmonisation within the EU. The Enlargement of EU, Brexit and its Implications

Transport Documentation and Control

Overview of export documentation, Transport conventions, Bills of Lading, Waybills, Carrier's Liability,

Finance of International Trade

Business Finance, International payment methods, Letters of credit, Money laundering, Health and safety.

Sustainability in Customs and International Trade Environment

n/a

The module combines formal lectures, interactive presentations, case studies, participant activities and exercises to maximise the impact of the learning experience. There is ample time to consider the theory and apply the skills discussed and it is expected that these interactive exercises will serve to reinforce some of the learning on the module. Various trade policies are explored and lectures demonstrate why economists generally support free trade. Historical experience is considered, highlighting how technological changes and reduction of trade barriers helped transform the world economy. Tariffs, antidumping and countervailing duties, government procurement policies, preferential trading arrangements, trade with developing countries and emerging markets, and the World Trade Organization are examined. In addition, company case histories will be presented to illustrate key themes in the module. The module combines formal lectures, interactive presentations, case studies, participant activities and exercises to maximise the impact of the learning experience. There is ample time to consider the theory and apply the skills discussed and it is expected that these interactive exercises will serve to reinforce some of the learning on the module. Various trade policies are explored and lectures demonstrate why economists generally support free trade. Historical experience is considered, highlighting how technological changes and reduction of trade barriers helped transform the world economy. Tariffs, antidumping and countervailing duties, government procurement policies, preferential trading arrangements, trade with developing countries and emerging markets, and the World Trade Organization are examined. In addition, company case histories will be presented to illustrate key themes in the module. 

Module Content & Assessment
Assessment Breakdown %
Formal Examination30
Other Assessment(s)70