2024/25 Taught Postgraduate Module Catalogue

LUBS5913M International Trade Environment

15 creditsClass Size: 70

Module manager: Andreas Georgiadis
Email: a.georgiadis1@leeds.ac.uk

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2024/25

This module is not approved as an Elective

Module summary

This module provides foundation of international trade and business environment in which it takes place. It analyses the changes in the international environment as a result of the ongoing globalisation of markets and the impact it has on the various forms of doing international trade and business. It informs how economic conditions in key regions of the world moderate international trade, foreign direct investment and how host country economies effect the market entry strategies of firms.

Objectives

This module aims to provide students with a critical understanding of the international trade and business environment. It analyses the changes in the international business environment as a result of the ongoing globalisation of markets and the impact it has on the various forms of doing international trade and business. It assesses how economic conditions in key regions of the world affect international trade, foreign direct investment and how conditions in host country economies affect the international strategies and operations of firms.

Learning outcomes
On successful completion of this module students will be able to critically evaluate:
- the characteristics which define a nation’s business environment and the relationship between the business environment of nations
- how national, regional and global institutions shape the international business environment
- the key trends and changes in international trade activity between nations, by key country and industry groupings
- the formation of value chains and production networks around the globe
- the tensions which can arise between host nations and multinational enterprises and the impact that international trade can have on host countries

On successful completion of this module students will be able to critically:
- analyse the economic impacts of the interdependence of nations
- evaluate the tensions between firms and host countries
- appraise the significance of global institutions
- assess the role that technology has played in economic development

Skills outcomes
On successful completion of this module students will be able to develop the following skills:
Transferable
- critically analyse, communicate and present conflicting arguments
- research effectively
- work both independently and in teams
Subject Specific
- evaluate the relationship between global economies, firm activity and host governments

Syllabus

Indicative content:
- Characteristics of the international business environment, globalisation and the international business activity of firms
- Drivers and motives for international trade; trends in international trade by country groupings and industries and the changing patterns of international trade activity globally
- Global value chains and global production networks
- Theories of international trade and the role of technological change in explaining economic growth
- Barriers to international trade and their role in regionalisation and globalisation; an exploration of some of the arguments for and against free trade in the global economy
- The role of governments in the international economy and the tensions that can arise between host nations and multi-national enterprises
- Global institutions and their role in shaping the international business environment
- Regional economic integration; an exploration of NAFTA and other key regional trade areas; the European Union’s Single Market Programme and European Monetary Union

Teaching methods

Delivery type	Number	Length hours	Student hours
Lecture	11	2.00	22.00
Seminar	10	1.00	10.00
Private study hours			118.00
Total Contact hours			32.00
Total hours (100hr per 10 credits)			150.00

Private study

This could include a variety of activities, such as reading, watching videos, question practice and exam preparation.

Opportunities for Formative Feedback

Your teaching methods could include a variety of delivery models, such as face-to-face teaching, live webinars, discussion boards and other interactive activities. There will be opportunities for formative feedback throughout the module.

Methods of assessment

Exams

Exam type	Exam duration	% of formal assessment
Standard exam (closed essays, MCQs etc) (S2)	2 hr	100.00
Total percentage (Assessment Exams)		100.00

Resit will be by 2 hour exam for 100% of the module mark

Reading list

The reading list is available from the Library website

Last updated: 16/08/2024 11:44:42

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