MCCCD Program Description

Basics of Importing and Exporting

Course: IBS107

First Term: 2000 Fall

Lecture 1 Credit(s) 1 Period(s) 1 Load
Subject Type: Occupational
Load Formula: S

Description: Steps involved in importing and exporting a product or service from beginning to end. Focus on documentation and procedures

MCCCD Official Course Competencies
1. List reasons and organizational requirements for exporting and importing. (I) 2. Assess the export and/or import potential of a given product of service. (I) 3. Identify sources of private and public expert advice and assistance in importing and exporting. (II) 4. Explain how to locate and contact buyers and/or sellers in foreign markets. (I) 5. Describe and evaluate the services performed by freight forwarders and customs brokers. (II) 6. Explain how to use the Internet to acquire data pertinent to the import and/or export process. (III) 7. Define the terminology of trade and identify the documentation required to export and/or import. (III) 8. Identify strategies in planning the importing and/or exporting business. (IV) 9. Identify current issues that impact importing and/or exporting. (IV) 10. Respond to inquiries, prepare quotations and set the terms of sale. The student will have a basic knowledge of foreign exchange and be able to describe the various methods of payment including the letter of credit. (IV) 11. List risks and evaluate insurance options against those risks. (IV) 12. Describe and evaluate the services of freight forwarders. (IV) 13. Locate current export regulations and describe how to comply with export licensing requirements including application procedures. (IV) 14. Describe the various export financing alternatives that are available, including state and local, federal and commercial banking programs. (IV)
MCCCD Official Course Competencies must be coordinated with the content outline so that each major point in the outline serves one or more competencies. MCCCD faculty retains authority in determining the pedagogical approach, methodology, content sequencing, and assessment metrics for student work. Please see individual course syllabi for additional information, including specific course requirements.

MCCCD Official Course Outline
I. Exporting and Importing A. Reasons for exporting and/or importing B. Assessing export and/or import potential C. Identifying export and/or import markets II. Export Assistance A. Public sources of information and assistance B. Private sources of information and assistance C. Freight forwarders D. Customs brokers III. Terms, Markets, and Products A. Shipping and transportation methods B. Financial services C. Government issues D. Market research IV. Import and Export Strategies A. Methods of market research B. Methods of doing business overseas G. Locating and contacting foreign buyers H. Methods of doing business overseas IV. Export Regulations and Licensing A. Export regulations B. Tax and customs benefits for exporters C. Foreign sales corporations D. Validation, general licensing, carnets, special licenses E. Shipper`s export declaration F. Patents, trademarks, copyright protection

MCCCD Governing Board Approval Date: 6/27/2000

All information published is subject to change without notice. Every effort has been made to ensure the accuracy of information presented, but based on the dynamic nature of the curricular process, course and program information is subject to change in order to reflect the most current information available.