YEAR 13 Unit 3 International Business

INTRODUCTION INTERNATIONAL BUSINESS

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

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?

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

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?

The History of Trade  How did trading start? 

Trading Internationally  To regulate international trade, WTO (World Trade Organisation) was established  list=PL336C870BEAD3B58B&index=50 list=PL336C870BEAD3B58B&index=50 

History of WTO  The following shows the timeline of the WTO  profiles/ stm profiles/ stm

Against The Clock

Task

 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?

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

 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

Plenary: Articulate!

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

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