Explain the arguments of those who maintain that the government can play a proactive role in promoting national competitive advantage in certain industries.

Summarize the different theories explaining trade flows between nations.

Explain the arguments of those who maintain that the government can play a proactive role in promoting national competitive advantage in certain industries.

Explain the important implications that international trade theory holds for management practice.

Chapter Seven

Understand why governments sometimes intervene in international trade.

Describe the development of the world trading system and the current trade issue.

Explain the implications for managers of developments in the world trading system.

 

“Text Book Reference:  Hill, C. W. L., and Hult, G. T.  M. (2020).  Global Business Today (11th ed.).  New York, NY: McGraw Hill.”