Lesson 1: International Business Basics
Duration of Days: 2
Lesson Objective
Describe importing and exporting activities
Compare balance of trade and balance of payments
List factors that affect the value of global currencies
How does importing differ from exporting?
How does the balance of trade differ from balance of payments?
What factors affect the value of global currencies?
imports, exports, balance of trade, balance of payments, exchange rate
CTE-Business and Finance Technology; Business management
D. International Business: Explain the role of international business and
how it impacts business at the local State national and international levels
36. Identify reasons why countries trade with each other.
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