GBM481 International Trade and Investment

Theoretical Basis for International Trade and Investment

• Compare and contrast the major trade theories.
• Describe the product life cycle in the context of globalization.
• Assess the implications of foreign direct investment (FDI).
• Assess the overall impact on a country of shifting from a limited trading position to a global trading position using trade theories.

Global Monetary System

• Analyze the overall impact of the Bretton Woods Accords on the global economy.
• Compare and contrast the exchange rate regimes.
• Discuss key currencies in the global financial markets.
• Analyze the foreign exchange markets and their role in the global economy.

International Trade and Investment Policies and Practices

• Analyze the impact of the balance of payments on a country's economy.
• Discuss the balance of payments adjustment process.
• Examine the impact of trade barriers on market access.
• Analyze the role of economic integration.

International and Regional Organizations

• Explain the role of the World Trade Organization (WTO) in promoting international trade.
• Compare and contrast the roles of the United Nations (UN) entities involved in international trade.
• Examine the roles of regional organizations in international trade.
• Evaluate the roles of international financing organizations.

Economic Development

• Discuss measures of economic development.
• Explain the impact of international trade and investment on the stages of economic development.