About This Chapter
MTLE Business: International Business - Chapter Summary
The video lessons in this chapter highlight trends in international business and explain the purpose of government treaties. In addition to exploring the benefits of international banking and global marketing, the chapter will provide you with opportunities to revisit topics such as trade balance, logistics channels and net exports. Accumulate knowledge in these and other areas prior to taking the MTLE Business examination so that you can answer questions about:
- Multilateral and bilateral treaties
- Regulations that govern imports and free trade
- The influence of politics on international business practices
- Technological developments that affect the business world
- International banks
- The process of international logistics
- Global marketing
- International business processes
- Significance of net exports and capital flows
You may have learned about many of this chapter's topics already, in which case you can utilize the online video lessons as supplementary study tools. The lessons are under ten minutes long, and they can be reviewed at your convenience. All that's required is a mobile device or computer and Internet service. Ask questions through the Dashboard, read through the included transcripts and take the multiple-choice quizzes while you get ready to pass the MTLE Business examination.
MTLE Business: International Business Chapter Objectives
There are two subtests on the MTLE Business examination. They have 50 multiple-choice questions apiece, and you'll have one hour to complete each of the computer-based tests. Both assessments must be passed with a minimum score of 240. Each subtest is made up of three subareas. Worth 42% of the score, Subtest 2's Economics and International Business subarea includes questions on the balance of trade, the global economy, business ownership, world trade and other topics you will have gone through in this chapter.
1. Treaties Under Article II of the U.S. Constitution
Treaties are an important part of international law. A treaty is a legally binding agreement made between two or more government entities. This lesson explains the difference between bilateral and multilateral treaties.
2. International Trade Regulations & Restrictions
Importing and exporting are vital elements to a healthy U.S. economy. Businesses should be familiar with international laws regarding trade. This lesson defines imports and exports and discusses international trade regulations and restrictions.
3. Political Environment in International Business: Definition, Factors & Impact
Governments and politics play a large role in international business. In this lesson, you'll learn about the political environment in international business, some of its key factors, and its impact. A short quiz follows.
4. Major Trends & Developments in International Business
Entire courses - even entire college degrees - exist to teach people the complexities of international business. While this lesson is just an introduction, it will discuss important trends that are shaping the world's economy.
5. International Banking and Services
Business never stops in the global economy. Companies need banking services 24 hours a day on different continents. In this lesson, you'll learn about international banking, including services provided and types of banks.
6. What Is International Logistics? - Definition & Explanation
Logistical management is an essential component of any company and can be complex in our global economy. In this lesson, you'll learn the key concepts related to it. A short quiz follows.
7. International Marketing: The Importance of Global Marketing Strategy
Companies cannot just concentrate on domestic markets if they are to remain competitive. Global marketing allows marketing managers to look for growing target markets and product opportunities overseas.
8. Managing in International Companies
Managing in international companies takes a special type of person. The reason for that is that not only do managers have to have an understanding of how to conduct business, but they also must deal with several other factors that are present in the international arena.
9. Net Exports, Capital Flows and Trade Balance
Learn what net exports and balance of trade are, how they are calculated, and what influences them. Explore what capital flows are in relation to net exports and trade balance and the importance of these monies in an economy.
Earning College Credit
Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Other chapters within the MTLE Business: Practice & Study Guide course
- MTLE Business: Organizations & Management
- MTLE Business: Human Resources Management
- MTLE Business: Employment Laws
- MTLE Business: Group Skills & Behavior
- MTLE Business: Market Share & Financial Data
- MTLE Business: Commercial Transactions
- MTLE Business: Finance, Accounting & Information Analysis
- MTLE Business: Data Interpretation & Management
- MTLE Business: Taxation & Financial Calculations
- MTLE Business: Principles of Marketing
- MTLE Business: Product Development & Distribution
- MTLE Business: Court Systems & Government Regulations
- MTLE Business: Microeconomics & Macroeconomics
- MTLE Business: Using Information Systems
- MTLE Business: Information Technology & Communications
- MTLE Business: Career Development
- MTLE Business: Content Comprehension for Students
- MTLE Business: Reading Instruction Strategies
- MTLE Business Flashcards