Level 3 Certificate in International Trade - Module 4: International Transport and Documentation
This module will provide students with knowledge of how to list the main elements of the export order process from enquiry to payment collection. Students will be able to describe the roles of the main third parties involved in international trade, understand the main elements of an export quotation, proforma invoice, and different types of export invoices including those used to satisfy rules of origin and value. Students will be able to identify key factors, including costs, which affect the selection of different international transport modes. They will learn the basic operations of cargo and credit insurance policies and be able to list and explain the operation of the various methods of payment used in international trade.
Learning Outcomes
By the time you have finished this module you will be able to:
Course certification
Assessment Criteria
- Module 1 Explain how transportation of goods operates by sea, air, road or rail
- Module 2 Discuss the factors that impact on the costs of transporting goods internationally
- Module 3 Outline the role of freight forwarders in the transportation of goods
- Module 4 Explain how transport documents operate to facilitate international trade
- Module 5 Outline how transport documents impact upon various payment systems
- Module 6 Identify the advantages and disadvantages of current payment methods for both the importer and exporter
- Module 7 Outline which method of payment should apply to a given situation in international trade
- Module 8 Explain the features of cargo and credit insurance policies
- Module 9 Outline why cargo and credit insurance are required when engaging in international trade
- Tutor: Kevin Shakespeare
- Tutor: Jon Walden