People Innovation Excellence


Learning outcomes:

On successful completion of this course, student will be able to: Identify the history of the development of the international trade during the Golden Age until the 21 Centuries and the growing of international business activities; Explain the main perspectives on international political economy and theories of international trade and business; Illustrate the governments’ international trade and business policies and their influence on global economy; Analyze the international trade and business phenomena and their contemporary development of today


  1. Introduction to International Trade and Economy;
  2. Globalisation and Its Discontent;
  3. The Golden Age and The Success Stories of The Golden Age;
  4. The Collapse of the Established Order and The Return to Protectionism;
  5. International Trade and The World Economy: Mercantilism, Absolute Advantage; Comparative Advantage;
  6. International Trade and The World Economy: Neo-mercantilism, Heckscher-Ohlin theory, Product Life Cycle, New Trade Theory, Hegemonic Stability Theory;
  7. Structuralist Perspective on International Political Economy;
  8. The Relevance of Structuralist Today;
  9. An Overview of International Investment;
  10. Theories of Foreign Direct Investment;
  11. Introducing the Bretton Woods System: IMF, World Bank and GATT;
  12. From GATT to WTO;
  13. Government Policy: Tariff Barriers;
  14. Government Policy: Non-Tariff Barriers;
  15. New Agenda in IPE: Multinational Corporations as Agents of International Trade and Business;
  16. New Agenda in IPE : Regionalism;
  17. An Overview to International Business;
  18. Legal, Technological, and Political Force;
  19. Country Differences;
  20. Ethics and Social Responsibility in International Business;
  21. The Foreign Exchange and International Financial Market;
  22. The International Monetary System and Exchange Rate;
  23. Strategy of International Business;
  24. Entry Strategy and Strategic Alliances;
  25. Paper Presentation I;
  26. Paper Presentation II.

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