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BASM530 The International Trading Environment. John Ries. Contact Info. Office: HA 254, 822‑8493 Office Hours: Tuesday 10-11:30, Wednesday, 3:00-5:00 (or by appointment) Email: john.ries@sauder.ubc.ca Class website: strategy.sauder.ubc.ca/ries/baim500/. Readings.
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Contact Info Office: HA 254, 822‑8493 Office Hours: Tuesday 10-11:30, Wednesday, 3:00-5:00 (or by appointment) Email: john.ries@sauder.ubc.ca Class website: strategy.sauder.ubc.ca/ries/baim500/
Readings • Elements of Multinational Strategy by Keith Head. link provided in Lecture Notes section of website • A readings package is available at Duplications Services, HA423.
Course requirements • Class participation 10%, • Export project • Presentation 15% • Paper 25% • Final exam 60%
Export project • Outline the company’s mission statement (what the company does). Describe the products and/or services which the company proposes to market. • Identify a target country and discuss market potential for your product. • Explain why the exporter has a competitive advantage in producing this product. • Describe possible constraints to export success such as domestic and foreign competition, tariff and non-tariff barriers, and other features of the business environment.
Project details • There are no geographical restrictions on the export—it can originate from any country and be destined for any country. • You should consider an actual company. • Information on Canadian companies: strategis.ic.gc.ca/sc_coinf/ccc/engdoc/homepage.html (the company need not be Canadian, however). The course website provides links to other useful websites. • In the next lecture I will provide tips of conducting project research
Project output • The assignment should be co-written with 2-4 classmates. • Papers should be roughly 5-6 pages per student (double-spaced) plus references and at most three pages of appendixes containing supplemental information. • Teams will make brief, 15-minute presentations of their export projects during the last week of class (before the evaluation week).
Final exam • A 2-hour exam will consist of a mix of short answer and multiple-choice questions. It will cover lecture material and the assigned readings. A sample exam will be posted to the website.
Course topics WEEK 1 1. Business across borders • Forms of international business and globalization: (EMS 1.1; “Schools Brief: One World?”) • Six forms of separation (EMS 1.2) 2. Gains from trade/sources of comparative advantage • Short-run/long-run decisions (EMS 3) • Factor abundance theory (EMS 4.1-4.3)
Ensuing weeks WEEK 2 1. Sources of Comparative Advantage (cont.) 2. Exporting WEEK 3 1. Exporting (cont.) 2. Foreign Exchange WEEK 4 1. The Political Economy of Protectionism 2. Trade Rules WEEK 5 1. Trade Rules (cont.) 2. Project presentations