international business and trade ulvi vaarja 2015
DESCRIPTION
Not a pre-schoolTRANSCRIPT
International Business and Trade
Ulvi Vaarja2015
Contact information
• Please take part!
Not a pre-school
What do we do?
• 24 academic hours of class studies– Thursdays 10.45 in November and December
• Home assignment: a presentation• Exam
Course prospective• Define international business– What it is?– Stakeholders – who is interested in it– Forms – what forms it takes
• Globalisation of markets and the internalionalisation of the firm– Discussion of advantages and drawbacks
• International trade– Trade theories
• Classical country based• Modern firm based
Course prospective• What and who impacts international trade
– Political systems– Legal systems– Ethics– Culture– Governments’ intervention in trade
• Tariffs, subsidies, import quotas, etc.• Foreign Direct Investment
– Forms, types, directions, how to en- or discourage, etc• World Economies
– Developed countries– Developing countries– Emerging markets– Criteria for dividing countries into different groups
Course prospective
• Global and Regional Economic Cooperation and Integration– Types of cooperation– Examples of cooperation (GATT; WTO; EU, etc)– United Nations and trade
• International Monetary System– Why money?– Monetary systems– Monetary organisations
Course prospective• Foreign exchange and global capital markets– Currency and foreign exchange
• Forex market• Quoting a currency• Swaps, forwards, etc
– Capital markets– Venture capital
• Importing and exporting. Foreign entry modes.– What influences companies going international?– What are the ways of doing so?– What are the risks?
Course prospective
• Research and development– Where, who and for whom?– Intellectual property
• Currency and financing in international business– Accounting– Investment decisions– Money management
Hopefully we all will learn!