1

Bachelor of Science in Business Administration (BSBA)

International Trade and Agreements
New Curriculum Effective SY 2019-2020

VISION MISSION CORE VALUES

Opol Community College is a self-reliant higher
educational institution providing affordable quality
education to produce pro-active and highly
competitive graduates.
The College aims to produce graduates with competitive
skills by providing competent instructors, adequate learning  Optimism
resources and scholarship grants and link them to  Compassion
employment opportunities. Further, being a local government
owned institution, it supports the programs and projects of the  Commitment
government.

Program Educational Objectives

Profile of an BSBA major Financial Management Graduate

1. A graduate who assumes supervisory and/or managerial responsibilities within their organization.

2. A graduate who can pursue graduate studies in business, management, and other higher academic fields.

3 A graduate who is capable of managing a business, ensuring its competitiveness, and increasing its added value in the
changing environment of the global economy.

4. A graduate who imparts and shares expertise with the community.

5. A graduate who can participate in community service and social responsibilities.

 2

PROGRAM OUTCOMES
Common to all programs in all types of school (Sec.6.1-6.2, CMO 17, s. 2017): Profile of an OCC BSBA
Graduate
1. Articulate the latest developments in the specific field of practice PEO 3,4
2. Effectively communicates in English and Filipino, both orally and in writing PEO 4, 2
3. Work effectively and collaboratively with a substantial degree of independence in multi-disciplinary PEO 1, 4
and multi-cultural teams
4. Act in recognition of professional, social, and ethical responsibility PEO 5, 3, 4,
5. Promote “Filipino historical and cultural heritage” PEO 5,4
6. Perform the basic function of management such as planning, organizing, leading, and controlling. PEO 1,3
7. Apply the basic concepts that underlie each of the functional areas of business (marketing, finance, PEO 1, 3, 4
human resources management, production, and operations management, information technology,
and strategic management and employ these concepts in various business situations.
8. Select the proper decision-making tools to critically, analytically, and creatively solve problems and PEO 1, 3, 4
drive results;
9. Express oneself clearly and communicate effectively with stakeholders both in oral and written forms. PEO 2, 4
10. Apply information and communication technology (ICT) skills as required by the business PEO 3, 2,
environment.
11. Work effectively with other stakeholders and manage conflict in the workplace; PEO 1 3, 4
12. Demonstrate corporate citizenship and social responsibility. PEO 5, 4, 3
13. Exercise high personal moral and ethical standards. PEO 3
 3

Outcome-Based Teaching-Learning Plan

Course Title/Number BACC 8 (International Trade and Agreements)

Course Description This course analyses the interdependence that arises from international trade in goods and services. The course covers the following topics: the gains
from trade, the pattern of trade, the impact of protection, international factor movements, and trade policy. The course further in-depth studies the
institutions dealing with and regulating trade policy that affect consumer surplus and producer surplus.
This course first investigates the reasons and determinants of trade using well-established theories in the field. In this normative perspective, this course
examines policies that intend to promote or regulate international trade. Finally, current international trade agreements (bilateral and multilateral) and
trade-related organizations, particularly the WTO, will be reviewed.

Course Credit 3
Contact Hours 54 hours
Pre-requisite None
Professor
Consultation Time 10:15 – 10:30 MT Online through Google Meet
Program Specialization (Based on CMO No. 17 s. 2017-Policies, Standards, and Guidelines for the Bachelor of Science in Business Administration
Outcomes (BSBA), 6.3 Specific to a Sub-discipline and a major.

a. Analyze the business environment for strategic direction.

b. Prepare operational plans
c. Innovate business ideas based on emerging industry
d. Manage a strategic business unit for economic sustainability
e. Conduct business research

Course Learning 1. Provide definitions for trade concepts and theories such as international trade, absolute and comparative
Outcomes advantage, consumer and producer surplus, bilateral and multilateral agreements.
2. Use the graph to illustrate the absolute and comparative advantage, the gains from trade, and the consumer and
producer surplus.
3. Discuss how the world price affects the welfare of domestic consumers and producers and how it affects the total
surplus.
4. Contrast bilateral and multilateral international trade agreements and discuss their advantages and disadvantages.
 4

Learning Plan
Midterm Period
Expected Learning Values
Outcomes/Performance Indicators Teaching Integration Assessment
Time Allotment Resource
Course Topic (At the end of the lesson, students Learning Methods
(Week)
can;) Activities /Tools/Tasks

1–9 Articulate the OCC VMGO Lecture

Commitment Notes
Discuss insightfully the implications of Respect
Lecture
the College Obedience Graded
Course Orientation
Submit requirements on time Responsibility Recitation
Discussion
Comply with weekly and end of the
semester requirements

Online Group Work

1. Overview of Define international trade and explain
International Trade the exportation and importation of Lecture-discussion Optimism Quiz
goods. Using Google Meet Integrity
EBooks
2. International Trade . Online exercises, Boldness
Theories Discuss the different theories, the Individual activity
advantages and disadvantages, and Responsibility
Lecture
their contribution to trade. Question and
Answer, Honesty Notes
3. Interdependence and
PPT
Gains from Trade Make a table and explain the data on Individual Activity
gains from trade.
 5

Reference
4. Absolute and Define absolute and comparative 1,2
Lecture-discussion
Comparative Advantage advantage. Calculate the absolute and Passion Graded
using Google Meet
comparative advantage of two Faith Recitation Review
nations. Materials
Group exercises,
Discuss specialization. Trust Group Work
Slide
Question and
5. Consumer and Accountability Quiz Share
Answer Technique
Producer Surplus Define consumer and producer Individual
surplus. Explain how the price affects Commitment assignment
consumer and producer surplus. to Customers
Group reporting/
Individual Activity
Through Google
Teamwork
classroom.
Simplicity Midterm
Exam
Final Period
Lecture-discussion
via Zoom
7. Application: The Cost Discuss the effects of the tax on the Graded Books
of Taxation buyers and sellers. Determine the Group exercises, Recitation
area of tax revenue. Passion Group work Video
Question and Quiz Lecture
Answer Technique Commitment Case Notes
8. Application: Show on the graph the area of analysis
International Trade consumer and producer surplus and Group Activity Humility Review
explain the application of international Materials
trade. Excellence
9. Import Quotas Discuss the advantages and
disadvantages of import quotas to
domestic buyers and producers.
 6

10 - 18
Books
10. Externalities Illustrate the externalities and market Leadership Graded Lecture
Lecture-discussion
inefficiency. Compare the negative Diversity Recitation Notes
using Google Meet
and positive externalities. Innovation
Responsibility Group Video
Online exercises,
11. Public Goods and Discuss the case related to public Quiz Slide
Common Resources goods and common resources of a share
Group Reporting
country. Case
using Google Meet
analysis Lecture
Recitations, Notes
12. International Trade Discuss bilateral trade agreements
Agreement and discuss their advantages.
Individual Activity
Explain why all countries can gain
from international trade.

Final Exam

Suggested Avila, Ma. Jesusa B. [et al.] (2016). Microeconomics. Philippines: ANVIL Publishing Inc.
Learning Banes, Luz P. (2016). Principles of Economics with taxation, Agrarian Reform and Cooperatives. Manila:
 7

Resources Mindshapers Publishing.

Kenen, P. B. (2019). Essays in international economics. Princeton University Press.
Leamer, E. E., & Stern, R. M. (2017). Quantitative international economics. Routledge.
Mankiw, N. G. (2020). Principles of economics. Cengage Learning.
Marcelo, Danilo F., Jr. (2016). Microeconomics: theories and applications. Manila: Unlimited Books Library
Services and Publishing, Inc.
Thompson, H. (2017). International economics. World Scientific Publishing Company.

Grading System
Midterm Final Term Final Grade
(Assignment (Assignment Midterm grade + Final grade
Quizzes Quizzes 2
Oral Recitation Oral Recitation
Project) 70% Project) 70%
Term Exam. 30% Term Exam. 30%
Total 100% Total 100%
1. Students are required to attend all class sessions as listed on the school calendar. Students will be dropped if he/she exceeds
an allowable number of absences.
2. Students are expected to attend class sessions on time.
3. Students must take all scheduled and unscheduled examinations. No special examinations will be given except for Major
Course Policy Examinations.
and Standards 4. Assignments, case studies, and projects, designs must be submitted on or before the deadline/due date.
5. Cheating will not be tolerated and will result in a failing grade.
6. Students are expected to consistently demonstrate professional behavior.
7. Students are required to have at least 75% final grade for him/her to pass the Subject.

Lateness. A student will be marked “late” if he/she enters the class 15 minutes after the indicated time. Any student who comes
to class 15 minutes after the scheduled time or is always late for two consecutive meetings shall be marked “absent”

Missed work or exam. Any student who missed to give a class presentation, submit a work assignment, or take a test should
consult the concerned instructor for immediate compliance.

Cheating. Any student who committed any form of academic dishonesty shall be given “failed marked and a disciplinary action
provided in the OCC Student’s Handbook and subject to the Guidance office.
 8

Use of Technology. Cell phones can be “turned on” while the session is in progress and needed. Using laptops, smartphones,
and tablets is considered necessary for online discussion.

Course Title AY/Effective Term Prepared by: Checked by: Approved by:

International First Semester

Trade and AY 2021 - 2022
Agreements