3.00 Credits
This course provides a broad overview of globalization, international trade, the international monetary system, foreign exchange markets, global capital markets, exchange rate determination, interest rate parity, purchasing power parity, country differences in legal systems, political systems, economic systems, language, culture, labor costs, resource endowments, tariffs, import and export regulations, trade agreements, and regional economic integration. Each of these factors requires significant changes in how individual business units operate from one country to the next. (Global Issues/Nonwestern Studies). Prerequisite: Junior or senior status and an institutional GPA of 2.5 or better. Three semester hours.