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    Subject Notes Illustration
    Subject Notes Illustration
    Course Code: BUSA411438 Topics

    International Business and Trade

    Master key topics and exam concepts step by step. Track completed lessons, practice past papers, and access verified study notes.

    38
    Total Topics
    0
    Completed
    38
    Pending
    10
    Units / Chapters
    Chap 1:

    Globalization

    0/3 done3 topics
    01
    Definition of globalization, its Nature and Scope
    02
    Emergence of global institutions and forces behind globalization
    03
    Impact of globalization on national and international business environment
    Chap 2:

    International trade theory

    0/5 done5 topics
    04
    The pattern of international trade
    05
    Absolute and comparative advantage
    06
    Free trade and globalization
    07
    The product life cycle and new trade theory
    08
    National comparative advantage and Porter’s Diamond
    Chap 3:

    Difference in culture

    0/2 done2 topics
    09
    Cultural and social structure
    10
    Religious system and its impact on workplace settings
    Chap 4:

    National differences in political economy

    0/3 done3 topics
    11
    Political systems
    12
    Economic systems
    13
    Legal systems
    Chap 5:

    The political economy of international trade

    0/4 done4 topics
    14
    Instruments of trade
    15
    Government intervention
    16
    Development of world trade system
    17
    Role of WTO
    Chap 6:

    Foreign direct investment (FDI)

    0/4 done4 topics
    18
    FDI in the world economy
    19
    FDI in China
    20
    Horizontal and vertical FDI
    21
    Cost of FDI to home and host country
    Chap 7:

    The international monetary system

    0/4 done4 topics
    22
    The gold standard
    23
    The Bretton Woods system
    24
    Fixed and floating exchange rates
    25
    Role of IMF
    Chap 8:

    The strategy of international business

    0/5 done5 topics
    26
    Strategy and firm
    27
    Global expansion, profitability and growth
    28
    Location economics
    29
    Cost pressure and local responsiveness
    30
    Choosing a strategy
    Chap 9:

    Entry strategy in international business

    0/3 done3 topics
    31
    Basic entry decisions
    32
    Entry modes
    33
    Strategic alliances
    Chap 10:

    Global production, outsourcing and logistics

    0/5 done5 topics
    34
    Production and logistics strategies
    35
    Where to produce
    36
    Strategic role of foreign factories
    37
    Outsourcing production (Make or Buy decision)
    38
    Managing a global supply

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