Introduction to International Business

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  • UniversityMacquarie University
  • AreaBusiness and commerce
  • CourseIntroduction to International Business
1 Purchases
85% Grade
  • Authorjw
  • Created2010
  • Pages12
  • Approved2 August 2014

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About these notes

International business includes all business activities that involve business organisations from two or more countries. Although international business has many similarities with domestic business, there are significant differences which this unit examines. At an international level, managers must accommodate a highly complex environment. Key variables in this environment include: different currencies; different government policies concerning trade; subsidies and controls on foreign investment; as well as the variables that exist in any domestic environment such as competition, costs and customer characteristics.

Topics examined in the unit include: forms of international business; the political and cultural context of international business; theories of international trade and investment; regional economic integration; and an introduction to multilateral institutions such as the IMF, the World Bank group and the World Trade Organisation.

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