The course emphasizes economic analysis of the forces driving international business and covers competitive advantage, competitive strategies, alternative modes of market entry, including import and export through intermediaries, contracting with suppliers and distributors, and foreign direct investment.
Upon succesful completion of this course, a student will be able to
1. Select and use appropriate sources to gather information and data needed for international business decisions
2. Define key international business terms and concepts
3. Discuss the different types of economic, political, and legal systems and their impact on business
4. Compare and contrast major trade theories and trade policies and their effect on business
5. Discuss international exchange rates and their effects on global business
6. Discover the applications of econometrics tools in the business environment
7. Critically analyze the opportunities and risks associated with international business activities