Upon successful completion of this course, students will be able to: identify national differences in politics and culture; illustrate the effects of ethics on international business; explain international trade theory; describe the political economy of international business; outline the effect of foreign direct investment; discuss examples of regional economic integration; demonstrate how the foreign exchange markets work; identify and explain the roles of the international monetary system and global capital markets; show various strategies and organizational structures in international businesses; identify and choose the appropriate entry strategy and necessary strategic alliances given a fact set; lay out the details and differences between exporting, importing, and countertrade; prove how global production, outsourcing, and logistics affect the international marketplace; explain how cultural and national differences affect global marketing and Research and Development; and account for international business, using various countries as stakeholders.