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CH 21] Business 101 21-1

21

Chapter 21

International Trade

Objectives
Master the material in this chapter and you will be able to:

1. Evaluate the importance of international business.

2. Define the concept of international business and analyze why
countries tend to specialize in certain goods.

3. Describe the different levels of involvement in international
business.

4. Assess the importance of countertrade in international business.

5. Discuss the role of the multinational corporation in world
business.

6. Identify the main obstacles confronting international business.

7. Explain multinational economic integration.

8. Describe the United States as a foreign market.

Berlin, Germany, open air market.
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