Student Learnings: What students should know and be able to do

• Describe the impact of international business activities on the local, regional, natural and international economies.

• Calculate simple currency exchange transactions. Describe how economic conditions and balance of payment situations affect currency values. 

• Identify careers that are influenced by international business. 

• Compare the application, interview and hiring practices of various cultures 

• Explain the role of US customs and the customs agencies of other countries 

• Identify international cultural differences in food, dress and social behaviors. 

• Discuss complications involved when speaking and interpreting a language incorrectly abroad.

• Describe how trade barriers, tariffs, quotas and taxation policies affect choice of location for companies operating internationally.

• Analyze the economic development of several under developed countries and predict the opportunities available for companies operating internationally. 

• Differentiate between types of governments.

• Identify major countries, associated with international business activities.

• Describe how a company markets a product/service internationally

• Identify the risks associated with importing and/or exporting

• Analyze the influence of social and cultural factors affecting promotions used in international markets. 

• Define why trade barriers are imposed by governments.