International business encompasses any business transaction that involves parties from more than one country. International business can differ from domestic business because of differences in currency, legal systems, cultures and resource availability. This course will help students gain insight and knowledge that are critical in functioning in a global economy.

The need to collect information relating to international markets and to monitor trends in these markets as well as to conduct research to determine strategies that are likely to be most efective in exploiting these markets is expanding rapidly. The objective of this course is to provide some direction in conducting research in international marketing decisions.

This course aims to study such trade theories as Absolute Advantage, Comparative Advantage and Heckscher-Ohlin, and to offer a full detailed explanation of them. Once equipped with a good understanding of these trade theories, trade policy and its instruments such as tariffs and quotas will be analyzed. Chapters to be covered in this course are outlined in Syllabus.

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