This course covers international trade theory, the International Monetary System, the effects of cultural differences in world trade and various forms of international business organizations and alliances, and successfully conducting business across international borders. It discusses the methods used in trade and transacting business (goods and services) across national boundaries, and the risks and issues inherent in successful international entrepreneurship.
The role and impact of international development organizations such as the United Nations and its affiliates (the World Bank group, the IMF and the WTO) on trade patterns and international business transactions will be reviewed and critically analyzed. A particular focus is how to achieve success in entrepreneurial ventures (whether in the private, public, or non-profit sector) across borders. Also, management and leadership across borders, with attention to understanding cultural divides, barriers, and diversity, are central topics of discussion and discovery.
Our approach for this course is an interdisciplinary and action oriented one. Students will be able to learn quickly in an easy and challenging way due to the exciting nature of the in-class and out-of class activities in with organizations based in the Bay Area but operating internationally. Students will acquire first-hand experience by interacting face to face with political, business and community leaders and international organization professionals: the shakers, makers and shapers of the international economic order. (3 units)