BUSM781

Restriction: Must be in Business and Management (Master's) program OR Permission of BMGT-Robert H. Smith School of Business. Focus on understanding critical aspects of international economics that influence firm decisions and behavior. While covering theoretic fundamentals of international trade and foreign direct investment, focus on the implications for managers from these international economic activities. Such forces of globalization create winners and losers, and consider how firms can take advantage of these asymmetries. The topical issues include: - international trade: trade theory, comparative advantage, production location, why and how government is involved in international trade, how government involvement affects trade - firms participating abroad: determinants of foreign direct investment, location choice, off-shoring, emerging multinationals, emerging markets.