Unit of competency Outline

Date retreived
23/07/2026 2:24 AM AWST

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Apply knowledge of import and export international conventions, laws and finance

Apply knowledge of import and export international conventions, laws and finance

Unit of competency
National Code
BSBINT405B
State Code
D0770
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
10/03/2009
View on TGA
State Implementation and Classification
Approved Date
24/10/2014
Field of Education
080311 - International Business
Original Release Date
24/10/2014
Nominal Hours
50
Description
This unit describes the performance outcomes, skills and knowledge required to maintain currency of knowledge and skills of international conventions, laws and finance in order to apply these to import and export responsibilities.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.
Notes
Elements and Performance Criteria
1. Maintain currency of knowledge and skills
  • 1.1. Assess personal knowledge of relevant international conventions, laws and finance and the required skills in applying this knowledge to determine currency and adequacy
  • 1.2. Identify skills and knowledge gaps
  • 1.3. Undertake learning to ensure currency and adequacy of knowledge and skills in applying international conventions, laws and finance to own work
2. Identify information requirements and access available information
  • 2.1. Determine specific needs for information
  • 2.2. Access organisation's resources to meet information requirements
  • 2.3. Use information to address specific work needs and to identify further information requirements
  • 2.4. Access external information resources to meet further information requirements
3. Interpret, analyse and apply available information
  • 3.1. Collect and collate available information for analysis
  • 3.2. Interpret, analyse and process available information to obtain required knowledge
  • 3.3. Seek assistance of specialist experts if required, to interpret, analyse and synthesise required information
  • 3.4. Use information and knowledge to facilitate import and export of goods in compliance with relevant Australian and overseas legislation, trade conventions and agreements, and international financing arrangements
4. Review research and analysis process
  • 4.1. Use and review information and knowledge to facilitate import and export of goods for effectiveness
  • 4.2. Document review findings for future use in import and export of goods
  • 4.3. Identify skills and knowledge gaps and undertake further learning
RANGE STATEMENT
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.
International conventions, laws and finance may include:
agreements
bilateral free trade agreements
conventions
declarations
economic blocks
ASEAN Free Trade Agreement (AFTA)
Asia-Pacific Economic Cooperation (APEC)
European Union
North American Free Trade Agreement (NAFTA)
guidelines
international organisations, bodies and legislation
General Agreement on Trade and Tariffs (GATT)
International Air Transport Association
International Chamber of Commerce (ICC)
International Labour Organization
International Maritime Organization
Organisation for Economic Co-operation and Development (OECD)
United Nations
World Trade Organization
laws and rules
copyright
fair trading
intellectual property
recommendations
specific countries
treaties
Skills and knowledge about international finance may include:
banking institutions
business development
capital markets
competition analysis
finance policy and regulation
investment promotion
regional trade organisations
specific international banking process relating to import/exports
ICC
Uniform Customs and Practice for Documentary Credits (UCP)
Uniform Rules for Collections (URC)
Uniform Rules for Bank to Bank Reimbursements Under Documentary Credits (URR)
Learning may include:
coaching and mentoring
formal courses of any length
informal learning through:
attending conferences/seminars
discussions with colleagues
reading
reading trade journals
short course attendance
web browsing
External information resources may include:
course providers
government agencies and publications including legislation and explanatory notes
industry and professional associations
internet and the organisation's intranet
libraries and bookshops
EVIDENCE GUIDE
The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit
Evidence of the following is essential:
identifying ongoing learning needs in relation to international conventions, laws and financial matters that impact on their import/export responsibilities
identifying and using learning opportunities to gain the necessary information
self-management of these learning processes
knowledge of organisational learning policies and resources.
Context of and specific resources for assessment
Assessment must ensure:
access to libraries and other resource collections
access to an actual workplace or simulated environment
access to office equipment and resources
access to relevant workplace documents.
Method of assessment
A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit:
direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate
assessment of identified skills and knowledge gaps
review of learning undertaken to address skills and knowledge gaps
analysis of responses to case studies and scenarios
observation of presentations on applicable conventions, laws and financial issues related to international transactions
tests to assess knowledge of relevant conventions, treaties, agreements, guidelines, declarations, recommendations, laws.
Guidance information for assessment
Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended, for example:
other international business units.
Replaces
State Code National Code Title Type
C7776 BSBINT405A Apply knowledge of import and export international conventions, laws and finance Unit of competency
Replaced By
State Code National Code Title Type
AUI39 BSBINT405 Apply knowledge of import and export international conventions, laws and finance Unit of competency