This course provides you with the skills and tools needed to understand and evaluate international trade as well as offers discussion of the welfare impacts of trade policies. It will help you to identify business opportunities from the perspective of a globalized economy; to interpret the process of evolution of foreign trade policy based on decisions taken by international forums and specific legislation in different countries; to interpret knowledge related to foreign exchange in the export process, as well as the formation of international prices and insurance and gives specific knowledge on imports, taking into account business legislation, penalties for illegal acts and information management. Students are expected to have a good background in intermediate microeconomics, macroeconomics and mathematical tools. Simple calculus (mainly differentiation) may be used sometimes in class.