What you'll learn
Understand why nations trade
Understand how can nations enhance their competitive advantage
Understand how can internationalizing firms gain and sustain competitive advantage
Understand how can internationalizing firms gain and sustain competitive advantage via non-FDI
Requirements
No pre-requisite
Description
ST4MT103031In today's interconnected world, businesses are constantly expanding their horizons beyond their home markets to tap into the vast global arena. The globalization of trade and investment has become a defining characteristic of the modern business landscape. "International Business - International Trade & Investment Theories" is a comprehensive course meticulously crafted to provide you with a robust and multifaceted foundation in the dynamic field of international business and economicsIn an era where the boundaries of commerce know no geographical limits, this course serves as your passport to success. Whether you're a student eager to embark on a promising career in global commerce or a seasoned professional seeking to augment your understanding of international markets, this course is your gateway to new opportunities and achievementsBy the end of this enlightening journey, you will emerge with a profound appreciation for the intricacies of international trade and investment. You will gain insights into why nations engage in trade, discovering the economic and strategic reasons behind it. You will also unravel the secrets of how nations can enhance their competitive advantage in a fiercely competitive global marketplace. Furthermore, you'll delve into the strategies that internationalizing firms employ to gain and sustain a competitive edge in the international arena"International Business - International Trade & Investment Theories" equips you with a potent arsenal of knowledge and skills needed to navigate the complex world of global commerce successfully. It empowers you to understand the dynamics of global markets, assess risk factors, identify opportunities, and make informed decisions in international business. Join us on this transformative journey as we explore, appreciate, and excel in the realm of international business, preparing you for a future where international trade and investment play a pivotal role in shaping the business landscapeYou may want to explore other International Business course:International Business - An introductionInternational Business - Globalisation and Corporate Governance#International Expansion #Global Economics
Overview
Section 1: International Trade and Investment Theories
Lecture 1 Learning Objectives
Lecture 2 Why do Nations trade?
Lecture 3 Mercantilism
Lecture 4 Absolute Advantage Principle
Lecture 5 Comparative Advantage Principle
Lecture 6 Limitation of Absolute Advantage Comparative Advantage Theories
Lecture 7 Factor Proportions Theory
Lecture 8 Leontief Paradox
Lecture 9 International Product Life Cycle Theory
Lecture 10 New Trade Theory
Lecture 11 How can Nations enhance their Competitive Advantage?
Lecture 12 How can Internationalizing Firms gain and sustain Competitive Advantage?
Lecture 13 How can Internationalizing Firms gain and sustain Competitive Advantage- Non-FDI
Lecture 14 Course Summary
Anyone who wants to learn more about International Business



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