What you’ll learn to do: describe how cultural, economic, and legal or political barriers can impact, restrict, or support international trade
By this time you should be understanding that international trade and global business are not as easy as opening a business in your hometown. As the Supreme Leader of your island you may have encountered some resistance from your trading partners or even your own citizens as you tried to negotiate for cell phones and blue jeans. In this section we will consider a range of factors that must be considered when conducting business in global markets.
The learning activities for this section include:
- Reading: The Global Business Environment
- Reading: The Global Economic and Regulatory Environment
- Self Check: Barriers to Trade
Take time to review and reflect on this activity in order to improve your performance on the assessment for this section.