Memorization:

Understanding the essence, structure, and functioning mechanisms of international economic relations at both macro and micro levels; classification of free economic zones and their activities in countries around the world; indicators of international division of labor, international trade, and trends in their development; methods of regulating international trade relations; the role of international organizations, multinational corporations (MNCs), and international financial institutions (IFIs) in the development of the modern global economy.

Comprehension:

Understanding modern terminology in international economic relations; features of commodity and pricing policies in global markets; procedures for the development and conclusion of international economic contracts; principles of international settlement and credit relations; peculiarities of taxation, insurance in foreign trade, and its customs and currency regulation.

Application of Knowledge and Skills:

Collecting and analyzing information to choose and explore foreign markets; justifying decisions to enter international markets; evaluating the situation in the foreign market; planning a strategy for entering foreign markets and justifying the choice; conducting a search and assessment of foreign partners; preparing and concluding international contracts, settlement calculations; planning tax amounts for foreign economic activity (FEA) outcomes and optimizing them; conducting operations with currency values; insuring foreign economic transactions.

Analysis:

Analyzing methods and instruments for regulating foreign economic activity, export and import prices, tax amounts for FEA outcomes, international economic contracts, operations in the currency market, and types of credit agreements on the international market.

Evaluation:

Evaluating the features and trends of the current stage of world market development; criteria for selecting international markets; principles of choosing a method to enter foreign markets, customs value of goods, customs duties, and value-added tax (VAT) when transporting goods across borders.

Creation:

Developing proposals for increasing the efficiency of maritime and inland water transport enterprises, taking into account the specifics of modern international economic relations.

Subject, object, and regularities of "international economics" as a science. The system of international economic relations. The essence of international division of labor and factors influencing its development. international specialization and cooperation in production. The world market for goods and services and the global economy. The essence of international economic integration. features of european integration processes. International labor migration. The international market for highly qualified specialists and the issue of "Brain Drain." The role of R&D in the development of labor migration, scientific, and engineering personnel. Socio-economic consequences of international labor migration. Preconditions for scientific and technical cooperation (STC). STC as a form of international economic relations (IER). The international movement of technologies and its transfer mechanism. The history of the emergence and development of international trade. The organization of international trade. The organization of international trade in services. International trade operations and associated risks. international organizations for trade and chambers of commerce. Foreign trade policy of states. Theoretical concepts of state regulation of foreign economic activity. International capital movement as a form of IER. Types of formation and development of the world market for loan capital (WMCL), Its functions. The world money market and securities market. The world currency system. National, international, and world currency systems, their essence, and elements. General characteristics and structure of the currency market. Currency policy and currency regulation. International credit, its role in the world economy, functions in the field of foreign economic relations. The essence of international credit relations. main types of credit agreements. The concept of "International Economic Organizations" (IEO). The role of IEO in the system of IER. IEO as a manifestation of the trend of multilateral economic cooperation. Balance of payments, its structure, and methodology of compilation. Problems of external indebtedness in ier. forms, structure, and scales of external indebtedness.