This unit is expiring
The expiry date of this unit is 31/07/2024.

Overview

Framework:
Access to HE
Level:
Level 3
Unit No:
QU018605
Credits:
3
Guided learning hours:
Not available

Qualification Grading Type

Graded

Grade Descriptors

  • GD1-Understanding the subject
  • GD7-Quality

Unit Learning Outcomes

1

Understand the role and responsibilities of different parties involved in international trade.

Assessment Criteria

  • 1.1

    Explain the relationship between international trade and access to finance.

  • 1.2

    Analyse the roles and responsibilities of the various parties involved in international trade.

  • 1.3

    Explain ethical principles relevant to trading.


2

Understand the external impacts on international trade.

Assessment Criteria

  • 2.1

    Analyse the impact on trade finance of:

    a. political sanctions

    b. fraud

    c. money laundering

    d. terrorist financing.


3

Understand the different methods of settlement and financing available in international trade.

Assessment Criteria

  • 3.1

    Compare and contrast different methods of settlement and financing available in international trade.