International Trade Simulation (4 credits)

This is the first Internet course for American and Chinese students of international trade. In it, American and Chinese students simultaneously participate in simulated trade transactions with one another. Using an Internet-based program and a workbook designed just for this course, students will play the role of simulated corporations in their respective countries who are seeking to trade goods between China and the United States. To do this, students at both the Florida State College of Law and the Shanghai Institute of Foreign Trade (SIFT) log on regularly to receive news about trading opportunities. Using guidance provided in introductory lectures and in the workbook, and under the guise of simulated corporations provided in the Internet environment of the course, students will contact one another across the Pacific Ocean and carry out the actual steps of an international trade transaction. Students will also regularly maintain online records of their company's transactions, in order to track the results of their deals. In addition, Florida State students will meet once a week for a two-hour session in which the week's transactions are discussed and any problems that cropped up can be analyzed and solved. Florida State and SIFT students will also log onto the program during one designated hour per week, at which time they will converse about their respective legal and business cultures and have an opportunity to collaboratively solve problems that typically crop up in Sino-American business transactions. At the end of the semester, a banquet will be held at which time stock will be taken of the financial health of each of the simulated corporations. Prerequisites: None