The Foundations of International Business course will provide students with an overall picture, theoretical principles and practices, of the international business field. It covers a wide range of topics such as the social/cultural, economic, political and legal aspects of the international business environment, the theories and institutions related to international trade and foreign investment, the world financial environment, the dynamics of international business-government relationships, and the strategies used to enter international markets. It is designed to be a comprehensive course embodying lectures, a lot of class discussion, field assignments, and case studies. The course will have as its objectives to: 1. Provide students with a panoramic overview of some of the most leading strategies and practices in international Business 2. Lead students to, in a comparative manner, investigate the application of those strategies and practices to the reality of both developed and developing markets. Therefore, the focus will be on understanding the current international business environment vis-à-vis local, national, and regional market conditions, cultural, legal and political influences, and global governance organizations (e.g. WTO, WBG, IMF, etc.) It will also provide an opportunity for the students to understand how MNC’s and governments are facing the challenges and tensions that are taking place around the world as national boarders blur and global trade issues call for renewed thinking about national sovereignty and MNC accountability.
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