This class uses a mix of lectures, class discussions and case studies to survey firms engaged in international business. We commence by examining the causes and consequences of increased global and regional economic integration, including an introduction to the impact of increased integration on firm strategy. Next, we consider global expansion strategy using Dunning's Ownership-Location-Internalization ("OLI") framework. We then address the movement of exchange rates, how firms are exposed to exchange rate movements and how they manage that exposure. Next, we study competition law and its consequences for international business. We conclude with studies of country risk and of bribery and corruption. There is also discussion of risk associated with treatment of labor where case studies on Nike and Reebok are used to examine labor standards in Asia.