INB10002 Foundations of International Business

Unit code: INB10002

Duration: 1 Teaching Period

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