International Economics Trade and Finance
Course Description
This course explores the impact of the global trading system and world financial markets on the management of international business. Topics include the global trading system; world financial markets; foreign exchange mechanisms; exports, imports, and counter trade; international economic integration; and international economic development.
Topics and Objectives
The Global Trading System
- Describe the key theories of international trade.
- Compare and contrast the major international trade organizations.
- Compare and contrast barriers to trade.
- Compare and contrast sources of international trade data.
- Analyze national and international trade account statistics.
World Financial Markets
- Compare and contrast the types of world financial markets.
- Compare and contrast the major international financial organizations.
- Compare and contrast sources of financial and exchange rate data.
- Analyze the impact of foreign exchange rates on international business.
Foreign Exchange Mechanisms
- Compare and contrast the types of foreign exchange instruments.
- Interpret content from major international financial publications and data sources.
- Analyze the principle theories in exchange rate determination.
- Select the appropriate strategies to manage exchange rate risk.
Exports, Imports, and Counter Trade
- Compare and contrast the types of international trade organizations.
- Identify the key issues in selecting the appropriate form for international trade transactions.
- Analyze the options for trade finance and foreign direct investment.
International Economic Integration
- Describe the influence of regional trading organizations on business opportunities and constraints.
- Analyze the impact of types of trade barriers on international business transactions.
- Analyze the potential business opportunities and constraints arising from evolving trading partnerships.
International Economic Development
- Describe the key models and sources of international economic development.
- Describe the key success factors for international development projects.
- Analyze the key opportunities and constraints arising from international economic development.
