Back to International Business I
University of New Mexico

International Business I

We live in a world of intensifying global relationships, one in which international business has become the key determinant of economic development and prosperity. This course, Global Business Environment, Part I, introduces students to a fundamental understanding of the socioeconomic political, cultural, and linguistic environment in which international businesses operate. This course utilizes an inquiry-based approach to understanding country level relationships in the Global Business Environment. It surveys the global business environment by asking and answering key questions about society, the global economy, cultures, institutions and languages. The questions we will ask are: 1. What is Globalization?, 2. Is Globalization New?, 3. How do Political and Social Institutions impact National Economic Development?, 4. What is the role of Culture?, 5. What are the Gains from Trade?6. Free Trade, Free-r Trade or Managed Trade?, 7. What are Foreign Currencies and how are Exchange Rates Determined?, 8. What does the Current Global Business Environment look like? This inquiry-based approach creates reflective opportunities for students to better understand the environment in which businesses operate. Lectures are delivered in an engaging manner, which encourages reflection and inquiry.

Status: Economic Development
Status: International Relations
Course8 hours

Featured reviews

M

5.0Reviewed May 30, 2018

I love everything about this course, from the length of the lesson to the way the instructor teaches and all the knowledge I've got. Can't be any happier with it. Thanks for the opportunity!

NF

4.0Reviewed Mar 15, 2016

Though I have worked in MNC with and people across the globe, learning the theoretical aspects of business helps you understand the process better and hence improve your work.Best Wishes.

BB

5.0Reviewed Jun 30, 2022

I​ took this course to see if it will fuel my interest in internatonal business and it did! DT is a great instructor - very clear when explaining terms and situations.

EM

5.0Reviewed Apr 28, 2020

As someone who has had a business both in the US and in Europe, I enjoyed this course by Professor Doug E. Thomas tremendously. To the point, very clear and well explained.

NA

5.0Reviewed Oct 17, 2025

This Course is Really Good For Traders who actually wants to see herself in Trading on Multinational. Because this course leads the entire and basic knowledge of business.

BF

5.0Reviewed Jun 2, 2018

Loved seeing his screen with the data/websites it came from; absolute and comparative examples were very helpful along with understanding tariffs and impacts and trade agreements.

WH

5.0Reviewed Jan 10, 2023

Easy understanding and most I like that the Professor (DT) speaks in the ways of proper speed and tones with fit to myself and non-native English speaking students.

AM

5.0Reviewed Mar 11, 2024

I found this course relatively easy and the Professor DT made it easier to understand the course. If you need or have a desire to learn about International Business then this is the course for you.

AG

5.0Reviewed Jul 6, 2021

This course is very much needed to people who are interested in International Business. The instructor clearly explains about the world economy and the trading activities with clear cut examples.

R

5.0Reviewed Jun 6, 2017

International scenario has been explained with examples in easy understandable language. Keep up the good work Very interesting and dynamic course. Good in site has been given .

IS

5.0Reviewed Apr 17, 2020

It was an interesting and helpful course as it covers many areas explain the global business environment, history, culture and the mechanism of the world trade organization.

JB

5.0Reviewed Jun 14, 2017

Good introduction to International Business. Well structured module and concepts explained in a simple way with good examples. Quizzes could be a bit more challenging.

All reviews

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