What are the main theories of international business? Why choose these theories as international business?

There are several reasons for choosing the basic theoretical structure of international business:

Theoretical components:

Classical trade theories include mercantilism, theory of absolute advantage, comparative advantage theory and resource allocation theory. These theories provide the historical background and theoretical basis for international trade, and explain the motives and modes of international trade.

Modern international trade theory: including scale economy theory, product cycle theory and demand trade theory. These theories provide a new perspective and tool for international business to analyze the changes in the global market and the strategic choice of enterprises.

Reason for selection:

For a long time, the trade between independent sellers and buyers in different countries has been the main form of international business transactions, so the theory of international trade has a long history and rigorous structure. To this day, it still affects the formation of international business theory and the economic and political activities of governments to some extent.

These theories can help the managers of multinational enterprises to better understand, analyze, predict and influence the government's policies on international business activities. Governments all over the world are constantly adjusting their business environment by changing tariff rates, import quotas and using other non-tariff barriers. Traditional trade theory is often the theoretical basis of these policy changes.

Training objectives of international business specialty

1, master the basic theory and knowledge of international business, and understand the basic laws and operation modes of international business.

2. Have the ability of cross-cultural communication and cooperation, and can use foreign languages for business communication, negotiation and decision-making.

3. Master the basic knowledge and skills of international trade, international finance and international marketing, and be able to conduct international trade practice, international financial risk management and international marketing planning.

4. Understand international business laws and regulations and international practices, and be able to use legal knowledge to solve international business disputes.

5. Have innovative thinking and entrepreneurial spirit, be able to adapt to the ever-changing international business environment, and have the potential and competitiveness to develop in the international business field.