The United States of America
Worlds largest economy
21% of the worlds GDP in 2011
International Trade and
International Trade and the World Economy
Trade: voluntary exchange of goods, services, assets, or money
between one person or organization and another.
International Trade: trade between residents of two
The Role of Culture in
What is Culture?
the collection of values, beliefs, behaviors, customs, and attitudes
that distinguish one society from another
culture is a social construction
Characteristics of culture:
What do you expect to get out of this class?
Discuss the meaning of international business
Explain the importance of understanding
Ethics and Social
:an individuals personal beliefs about whether a decision, behavior,
or action is right or wrong
So if ethics are
about what an
Ethical behavior versus unethical behavior
This is where culture c