International Business and TradeTheory, Practice, and Policy

The formation of "multinational" and "transnational" companies, coupled with the accelerating pace of technology, has changed the way the world practices business. International Business and Trade: Theory, Practice, and Policy addresses the challenges that face large, worldwide businesses today and in the 21st century. This textbook introduces business executives and students to current issues and practices in international business. It analyzes the conceptual nature and operational aspects of multinational enterprise and international trade practices.The book is divided into three parts, each addressing a specific area of international business. The first part discusses the theoretical framework of global commerce, monetary systems, and financial environments. The specifics of international business operations-from legal environments to international trade and foreign investments-are covered in Part II. Part III concentrates on government policies and practices, covering the role of national and international organizations in impacting trade and investments.

Preface
Acknowledgments
About the Author

Part 1 : International Business Theories and Concepts
Chapter 1 : Corporate Challenges
Chapter 2 : A Philosophy of Business for the Twenty-First Century
Chapter 3 : International Business Operations
Chapter 4 : The Monetary System
Chapter 5 : The Balance of Payments
Chapter 6 : Foreign Exchange and Foreign Exchange Management

Part 2 : International Trade and Business Operations
Chapter 7 : International Trade Practices : The Parties
Chapter 8 : The Legal Environment of International Business
Chapter 9 : Product Warranty and Product Liability Issues
Chapter 10 : Protection of Intellectual Assets
Chapter 11 : International Trade Logistics
Chapter 12 : Financing Trade : The Banking System
Chapter 13 : Financing Trade : Payments and Collections
Chapter 14 : International Letters of Credit
Chapter 15 : Foreign Manufacturing and Assembly
Chapter 16 : International Licensing and Franchising
Chapter 17 : Strategic Alliances
Chapter 18 : Foreign Investments

Part 3 : Policy and Institutions
Chapter 19 : Trade Regulation and Restrictions
Chapter 20 : Investment Restrictions
Chapter 21 : U.S. Policies : Taxation and Related Programs
Chapter 22 : U.S. Trade and Investment Support Organizations
Chapter 23 : International Systems and Organizations

Glossary
Abbreviations and Acronyms
Appendix : The U.S. Balance of Payments
Index