♥ Understands the motivation for international trade.
♥ summarize and discuss the differences among the classical country-based theories of international trade.
♥ Use the modern firm-based theories of international trade to describe global strategies adopted by businesses.
♥ Describe and categorize the different forms of international investment.
♥ Explain the reasons for foreign direct investment.
♥ Summarize how supply, demand, andpolitical factors influence foreign direct investmen.
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