This week’s topics
Tariff Structures, Duties, and Landed Cost Analysis
- Harmonized System (HS) classification and valuation rules
- Ad valorem, specific, and preferential tariff impacts
- Trade agreements and rules of origin
- Pricing implications and landed cost modeling
- Rules of origin recorded webinar
- Supply Chain Impacts during Rising Global Trade Tensions - MIT-SCx-Live
- Lecture 45: WTO, GATT, Origin and Functions, MFN Principles, Agreements
What you will be able to do
- 3.1 Critically evaluate export and import regulations including customs procedures and tariffs in the import and export of goods.
- 3.2 Analyse how tariffs and duties affect the prices of imported/exported goods.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: critically evaluate export and import regulations including customs procedures and tariffs in the import and export of goods.
Study materials
Videos
- Rules of origin recorded webinar · YouTube · HMRC · 20 min · for registered students
- Supply Chain Impacts during Rising Global Trade Tensions - MIT-SCx-Live · YouTube · MIT Center for Transportation & Logistics · 59 min · for registered students
- Trade Dialogues: Professor Paola Conconi (full lecture) · YouTube · World Trade Organization · 44 min · for registered students
- Understanding the Economics of International Trade | CFA Institute® · YouTube · CFA Institute · 19 min · for registered students
- What is Tariff? | International Business | From A Business Professor · YouTube · Business School 101 · 6 min · for registered students
Further resources
- International trade paperwork: the basics (GOV.UK) · Reading · GOV.UK, guidance · for registered students
- Understanding the WTO, ch. 2.2: Tariffs – more bindings and closer to zero · PDF · Other, textbook chapter; p. 25 · for registered students
- The World Trade Organization: Theory and Practice · PDF · NBER, article · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.