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International Finance and Law

Unit code: HBI355N

Credit points12.5 Credit Points
DurationOne Semester or Term
Contact hours36 hours
CampusHawthorn, Sarawak
PrerequisitesHBI110N Foundations of International Business and
HBI241N Australian Global Business Perspectives or
Corequisites
Nil

Aims and objectives

At the conclusion of this unit students will be able to:
  • Identify, understand and apply the relevant legal principles in an international business environment
  • Demonstrate a sound knowledge of the laws, (including relevant treaty law multilateral and domestic law), which impact on international contracts, payments, and dispute settlement
  • Be able to utilise theoretical and analytical skills necessary to identify, understand and apply key financial and legal principles in an international business environment
  • Demonstrate a sound knowledge of international finance and law concepts which are essential elements of successful international business operations

Teaching methods

Lecture (1 hours) and Tutorials (2 hour)

Lecture/seminars and case study presentations will be used to introduce the topics and resources, demonstrate concepts, and provide a forum for demonstration, discussion and questions.

Assessment

Assignment (25-35 %); Test (20-30 %); Examination (35-45%)

Generic skills outcomes

The graduate attributes which relate to this unit help to produce graduates who are:
  • Capable in their chosen professional, vocational or study areas
  • Entrepreneurial in contributing to innovation and development within their business, workplace or community
  • Effective and ethical in work and community situations
  • Adaptable and able to manage change
  • Aware of local and international environments in which they will be contributing (e.g. socio-cultural, economic, natural)

Content

  • The nature, role and functions of foreign exchange markets
  • Factors that influence movements in exchange rates and their impact on multinational business
  • International money and capital markets and the role of international banks
  • Legal principles in the international business environment
  • Domestic, bilateral and multilateral regulatory frameworks for international contracts, payments, and dispute settlement

Reading materials

Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.