2. YEAR 13 Unit 3 International Business

3. INTRODUCTION INTERNATIONAL BUSINESS

4. Will be able to evaluate the impact of trade on UK businesses in present day Evaluation ~ GCE Grade A* Will be able to propose reasons trade is essential for business Synthesis ~ GCE Grade A Will be able to analyse the importance of trade Analysis ~ GCE Grade B Will be able to demonstrate understanding by using examples/cases Application ~ GCE Grade C Will be able to explain the history of trade Comprehension ~ GCE Grade D Will be able to recall the history of trade and WTO Knowledge ~ GCE Grade E

5. Topics to cover In Unit 3:  Why does a business seek international markets?  Key players in the world economy  How does a company decide which countries to target?  Other considerations before trading internationally  Globalisation  Are multinationals a force for good or should they be controlled?

6. Provisional Exam Date:  Unit 3: International Business  Friday 13 th June (am)

7. On your whiteboard write down: How did trading start Watch the following video and make notes on your whiteboard History of Trade Extension Task: Why do you think these were the focus of trade?

8. The History of Trade  How did trading start?  http://www.youtube.com/watch?v=PzHl8gZ2-Og http://www.youtube.com/watch?v=PzHl8gZ2-Og

9. Trading Internationally  To regulate international trade, WTO (World Trade Organisation) was established  http://www.youtube.com/watch?v=27J3CByXKow& list=PL336C870BEAD3B58B&index=50 http://www.youtube.com/watch?v=27J3CByXKow& list=PL336C870BEAD3B58B&index=50  http://www.youtube.com/watch?v=1Xp75Egtvi8 http://www.youtube.com/watch?v=1Xp75Egtvi8

10. History of WTO  The following shows the timeline of the WTO  http://news.bbc.co.uk/1/hi/world/europe/country_ profiles/2430089.stm http://news.bbc.co.uk/1/hi/world/europe/country_ profiles/2430089.stm

11. Against The Clock

12. Task

13.  Following from those videos, in groups discuss:  Do we need foreign trade?  What are the benefits to our country?  What are the drawbacks to our country?

14. Homework  Look at 5 items at home and identify where they have come from

15.  On your cards Introduction lesson: History of Trade  Write down:  2 or more things you found easy to understand/ remember from the lesson  What did you find difficult to understand Exit pass

16. Plenary: Articulate!

17. Lesson Keywords  Trade  Foreign  International  World Trade Organisation

18. Will be able to evaluate the impact of trade on UK businesses in present day Evaluation ~ GCE Grade A* Will be able to propose reasons trade is essential for business Synthesis ~ GCE Grade A Will be able to analyse the importance of trade Analysis ~ GCE Grade B Will be able to demonstrate understanding by using examples/cases Application ~ GCE Grade C Will be able to explain the history of trade Comprehension ~ GCE Grade D Will be able to recall the history of trade and WTO Knowledge ~ GCE Grade E