By Sentinel | 9 ., Business Expert

International Economics & Trade Theory

Gain competencies in international business
Language: English
All Levels

What you will learn

  • Understand and evaluate the role of economic analysis within international business contexts and appreciate the economic underpinnings of business strategy in international settings. 
  • Analyse and synthesize various models of competitive analysis to assess strategic behaviour in international business. 
  • Apply theoretical and practical knowledge of competitive strategies in the context of globalisation, particularly major entry and exit strategies of international business. 

Course description

This module has been designed to introduce a variety of aspects of international business. Globalization and growing international trade amongst many different countries have brought new challenges and opportunities for many new economies and established economies. Topics covered in this module includes: Globalization of Commerce, Comparative Advantage of Nations—Factor Availability vs. Production Input, Comparative Advantage versus Absolute Advantage, Strategies for Entering and Developing International Markets, Foreign Direct Investment (FDI), Foreign Exchange Markets and International Monetary System, Exchange Rates Policies, and Purchasing Power Parity (PPP).


  • No prerequisites. 
  • No materials distributed. 
  • No formal assessments required.

Course overview - 11

  • General Concepts in International Business

  • The Importance of International Business

  • Globalisation of Commerce

  • International Economics and Trade Theory

  • Comparative Advantage of Nations

  • Comparative Advantage vs Absolute Advantage

  • Strategies for Entering & Developing International Markets

  • Foreign Direct Investment (FDI)

  • Foreign Exchange Markets & International Monetary System

  • Exchange Rate Policies

  • Purchasing Power Parity (PPP)

Learners who have already enrolled in this course

Meet your instructor

Sentinel | 9 .
Sentinel | 9 .Business Expert
Sentinel | 9 is now offering educational courses and specialised modules from its industry-leading graduate-level Business program. This package is usually provided via Higher Education partners, where it comes with a Degree upon completion. However, for individuals seeking valuable education and knowledge without the hassle of enrolling in university, Sentinel | 9 has redeveloped its resources into easily accessible learning content. These resources are a perfect fit for individuals who want to sharpen their business skills, learn about new practices in business or wish to educate themselves in something new. The Sentinel | 9 material is developed with consultation from industry experts, professorial, doctoral, and postdoctoral in-house academics to ensure learning is of the highest quality. Through this offering, users will now have access to high-quality, practical, on-demand resources across all aspects of business, including business strategy, business law, finance, marketing strategy, economics, organisation behaviour, leadership, human resources, accounting and more.