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International Trade Practicalities and Business Law

International Trade Practicalities and Business Law

Code: IBU1LF104
Scope: 5 ETCS
Timing: semester 5 for autumn 2018 and spring 2019 beginners, semester 4 for others
Language: English
Curriculum: GLOBBA16
Course level: Basic Studies
Course type: compulsory

Starting level and linkage with other courses
No prerequisites.

Learning outcomes
You identify the international transactions and trade practicalities both from exporter’s (seller) and importer’s (buyer) perspective. You recognise the risks related to international trade and how to manage them. You will be confident in doing international business in practice. You understand the legal framework of international business and will be able to do business in the international legal context.


  •  international legal context
  •  the risks in international business and managing them
  •  trade and competition laws of the European Union
  •  international contracts
  •  intellectual property rights and their applications in digitalised world
  •  documents related to international business
  •  methods of international payments
  •  customs related issues
  •  cost elements related to export/import
  •  conflicts of laws and jurisdiction
  •  dispute resolution

Recognising and validating prior learning (RPL)
If you have acquired the required competence in previous work tasks, recreational activities or on another course, you can show the competence with a demonstration and progress faster through your studies. More information and instructions for RPL are available at MyNet.

Cooperation with the business community
Guest speaker from an international company.

All cases and exercises are related to export/import.

Course formats
Contact and distant sessions or educationalisation.

Students' performance is graded on the following scale: Excellent (5), Very good (4), Good (3), Satisfactory (2), Fair (1), Fail (0).
Link to the joint assessment grid. The assessment of one’s own learning.

Course teacher(s)
Christina Karlia-Palomäki, Eeva Aarnio

Learning materials
Materials to be announced in the implementation plan.