Foundations of International Business
Duration: 1 Teaching Period
Unit Code: INB10002
Contact Hours: Recommended 8 hours of study per week
About this unit
At the completion of this unit, students will be able to understand the fundamentals of international business and the global economy; acquire an appreciation of the different dimensions of the global economy; recall the drivers of global business and analyse the main economic and business organisations which facilitate global business.
Content
- What is global trade and how does it work
- What are the main theoretical supposition of world trade and why countries trade
- What are the global drivers and facilitators for world trade
- What are the different political and legal systems and how they promote world trade
- The rise of regional, bilateral and multilateral trade arrangements
- The role of the monetary and financial world markets
- The role of global investment in world business
- Practical and technical aspects of international business