World Trade<br />BULW 5380 Introduction<br />
What is International B-Law?<br />It generally encompasses the following:<br />International Trade<br />Licensing (princip...
The Economics of International Trade<br />Absolute Advantage<br />Comparative Advantage<br />The key to both is this - spe...
Is Specialization Such a Good Thing?<br />NY Times, January 10, 2010, “Multicultural Critical Theory. At B-School?” By LAN...
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International Business Law Introduction

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International Business Law Introduction

  1. 1. World Trade<br />BULW 5380 Introduction<br />
  2. 2. What is International B-Law?<br />It generally encompasses the following:<br />International Trade<br />Licensing (principally intellectual property issues)<br />Direct investment (MNC issues)<br />
  3. 3. The Economics of International Trade<br />Absolute Advantage<br />Comparative Advantage<br />The key to both is this - specialization creates efficiencies<br />
  4. 4. Is Specialization Such a Good Thing?<br />NY Times, January 10, 2010, “Multicultural Critical Theory. At B-School?” By LANE WALLACE<br />Learning how to think critically — how to imaginatively frame questions and consider multiple perspectives — has historically been associated with a liberal arts education, not a business school curriculum, so this change represents something of a tectonic shift for business school leaders. Mr. Martin even describes his goal as a kind of “liberal arts M.B.A.” <br />Many nations prefer “generalists” to specialists, because, as they say on THE CLOSER: “When you’re a hammer, everything looks like a nail.”<br />

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