The world we share is becoming increasingly interconnected in complex and interesting ways. This course discusses the nature and scope of international business and introduces the three environments in which international business managers must operate. Specifically, this course discusses what international business is and also presents the concepts of the three environments and their forces. The dynamic growth and the magnitude of both international trade and foreign investment is analyzed, while examining the role of the institutions that operate in the international environment and discuss the ways in which they may affect international businesses in fundamental ways.