BMI602 - International Law and Tariffs

Outline information
Semester
Schools offering this subject
Last revision date Sep 30, 2019 12:55:24 AM
Last review date Dec 2, 2019 12:15:23 AM

Subject Title
International Law and Tariffs

Subject Description

This course will examine the role played by international law in regulating international economic activity.  It will review the development and elements of the international legal framework in regulating trade and investments.  The course will help students define the role of law in society and the nature and basis of international law and its relationship to national law.  The course will also focus on the nature, sources, and operation of international law and tariffs.

Credit Status
One credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  1. Discuss how international treaties and agreements are created and distinguish between public and private international law.
  2. Discuss the significance of the WTO and how it affects different areas of international business and its impact on tariff and non-tariff barriers to trade.
  3. Recognize the impact of other international agencies, NGOs, and their impact on international business ethics and the environment.
  4. Discuss the development of the EU and its rules and the impact on international business.
  5. Evaluate the key terms of NAFTA and its effectiveness and impact.
  6. Discuss Canada's regulations on imports  and exports and how tariffs and duties are assigned and disputes resolved.
  7. Recognize the differences in the international Sale of Goods and significant international contractual considerations.
  8. Discuss key considerations in international contracts relating to: credit, financing, transportation, insurance and intellectual property.
  9. Evaluate different international market entry strategies including: agency, distribution and licensing agreements, joint ventures, franchises and the possible restrictions on foreign investment.
  10. Discuss various international business dispute methods that can be utilized.
  11. Analyze sample business cases and discuss international laws and regulations Canadian businesses will encounter.

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Respond to written, spoken, or visual messages in a manner that ensures effective communication.

Use a variety of thinking skills to anticipate and solve problems.

Analyze, evaluate, and apply relevant information from a variety of sources.

Show respect for diverse opinions, values, belief systems, and contributions of others.

Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

Manage the use of time and other resources to complete projects.

Take responsibility for one's own actions, decisions, and consequences.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecacollege.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.