• Unit 5: International Institutions and the Geopolitics of Emerging Markets

    This unit explores the international institutions that enhance international trade and keep it secure. We will see how domestic and international politics influence international business and assess its risks and opportunities. Do nations benefit from global institutions? Is the reduction in national sovereignty worth the trade-off?

    Completing this unit should take you approximately 2 hours.

    • 5.1: International Institutions

      International institutions play a critical role in the global economy. They encourage trade between nations, set industrial standards, and settle disputes to create an even playing field for commerce. While the system is not perfect, international institutions have contributed to the relative success of global economic growth and standard of living improvements around the world.

    • 5.2: Political Partnerships

      For international trade to be prosperous, nations must negotiate and cooperate. Trade agreements are typically forged through existing political partnerships or developed by establishing new partnerships and shared goals. What do these partnerships mean for international business?

    • 5.3: Trade Policy

      Trade policy is the political component of a country's ability to export and import. Policies may be stable over time, but can also change quickly depending on the country's mood and political influencers. Elections also influence trade policy, which you have likely noticed recently in several countries.

    • 5.4: Emerging Markets

      Emerging markets present a tremendous opportunity for investors and companies seeking new markets. They also typically bring a greater level of political, economic, and security risks.

    • Study Guide: Unit 5

      We recommend reviewing this Study Guide before taking the Unit 5 Assessment.

    • Unit 5 Assessment

      • Receive a grade