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Week 15 · Module overview

Week 15 — Growing Beyond Borders: Global Business & the Course Synthesis

Introduction to Business Free sample edition

Welcome to your Week 15 Start Here page, the last module of the course.

Why this matters

Whether you price imported bike parts at a neighborhood shop or sell a family farm's jam abroad, you need to know why countries trade and who pays at the border.

In plain language

Countries buy from and sell to each other every day, and international trade (buying and selling goods and services across national borders) is the name for it. This week you learn why two places gain from trading even when one of them is better at making everything. You meet the rules that slow trade down, find out who owes a tariff (a tax on an imported good) at the border, and see the ways a business can start selling abroad. Then you look back over the whole course, retell the coffee cart's life in one page, and name the skills you can carry into a business career.

  • Already covered: Week 1 built the cart's SWOT.
  • This week: trade, tariffs, and the entry ladder.
  • How they connect: the cart looks past its border.

Focus

Why do countries trade, who pays at the border, and how far abroad should a small business go?

By the end of this module, you should be able to:

  • [ ] assign comparative advantage from opportunity costs
  • [ ] state who owes a tariff at the border
  • [ ] read a trade deficit as a flow, not a debt
  • [ ] choose a rung on the entry ladder and defend it

To-do

Plan your week

  1. Read Chapter 15 (about 50 minutes), then the lecture and slides.
  2. Work the lecture tutorial (60–90 minutes) and the practice set (about 20 minutes).
  3. Do the Business Case Workshop (about 90 minutes), the discussion, and the assignment.
  4. Take the quiz.

This week's checkpoint: show why East and West both gain from trading at 3 fruit per fish.

You've got this

Take it in order, ask your instructor if a step snags, and then turn to the final.

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