This course examines key global environmental factors and issues impacting on the development of international business. Major topics include: globalisation of business; national differences in the political, social and legal environment, political and country risk; cultural differences and their impact on international business; ethical issues in international business; international trade issues; theory and politics of foreign direct investment; international competitiveness; the internationalisation of business activities and the development of multinational enterprises; foreign exchange markets; the international monetary system and development of the global capital market.