Students will become familiar with various trade and the underlying impact of geopolitical and sociocultural influences on global trade and investment. This subject introduces students to the mechanics of international financial markets and institutions. The emphasis is on how markets work, how market instruments are priced and how they are traded. The course covers the short-term money market, Euro markets and the markets for foreign exchange and derivative products. This subject covers topics both of theoretical and practical significance influencing the management of organisations engaged in international business operations.
International trade is the most rapidly growing component of world production.
Increasingly, diplomatic resources are being used to negotiate smoother passages for world trade. This subject introduces simple but powerful theories of why countries produce and export the products they trade. The notion of comparative advantage is fundamental. Discussion covers the distributional implications of trade and the subsequent attempts to intervene in trade to alter the domestic distribution of income. The application of the principles of marketing for formulating marketing strategies in the International business environment.