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Ch 17: Praxis Business: International Business Environment

About This Chapter

Let us help you prepare for the Praxis Business Education subject test. This chapter's video lessons and quizzes address trade regulations, business treaties and other factors influencing the global business environment.

Praxis Business Education: International Business Environment - Chapter Summary

Get an overview of international business environments and the changing landscape of the global market with this chapter's video lessons. Topics of discussion included here can get you ready for Praxis Business Education test questions on the following areas:

  • International business treaties
  • Sovereign immunity
  • Import and export trade alliances
  • International trade regulations
  • Trade deficit and surplus

Instructors teaching this chapter cover all the legislative acts and constitutional articles you'll need to be familiar with to understand international trade regulations. The engaging video lessons, transcripts and self-assessment quizzes can also help you explore the relationship between a country's infrastructure and its place in the global market.

Praxis Business Education: International Business Environment Objectives

The Praxis Business Education exam is used by many state education departments to determine the academic preparedness of candidates for teacher licensure in this subject area. The exam lasts two hours and contains 120 multiple-choice questions. You can use this chapter to prepare for the approximately 18 test questions falling under the law and international business content domain, which is designed to assess your knowledge of social, political and economic factors affecting the international business environment and your familiarity with trade agreements.

10 Lessons in Chapter 17: Praxis Business: International Business Environment
Test your knowledge with a 30-question chapter practice test
The Changing Landscape of the Global Market

1. The Changing Landscape of the Global Market

The global market is still developing, and a market that is developing is dynamic. The constant change offers opportunities and presents risks to countries and their domestic industries. In this lesson, you'll learn about some of these risks and opportunities.

Treaties Under Article II of the U.S. Constitution

2. 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.

Sovereign Immunity: Definition, Act and Waivers

3. Sovereign Immunity: Definition, Act and Waivers

The Foreign Sovereign Immunities Act places limitations on lawsuits that involve foreign sovereign nations. This lesson explores the Foreign Sovereign Immunities Act and explains when immunity is applicable.

International Trade Organizations and Trade Agreements

4. International Trade Organizations and Trade Agreements

International trade organizations and trade agreements have enormous power in the global trade environment. In this lesson, you will learn about the roles of the GATT, NAFTA, and the World Trade Organization.

International Trade Regulations & Restrictions

5. 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.

Achieving Trade Balance: Trade Deficit and Surplus Examples

6. Achieving Trade Balance: Trade Deficit and Surplus Examples

Find out what trade balance, trade deficit, and trade surplus are. Learn about some recent examples that help clarify trade deficit and surplus. Explore what countries have a surplus and what countries have a deficit.

Political Environment in International Business: Definition, Factors & Impact

7. 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.

Effects of Society & Culture on Global Business

8. Effects of Society & Culture on Global Business

Travel and technology have made our world smaller, which has led to greater opportunities for companies to operate in a global market. This lesson will look at the effects of society & culture on global business.

Legal Environment of International Business: Definition & Essentials

9. Legal Environment of International Business: Definition & Essentials

Conducting business oversees can be a complicated legal affair. In this lesson, you'll learn some of the essential legal characteristics of international business. A short quiz is provided after the lesson.

The Impact of a Country's Infrastructure on Businesses

10. The Impact of a Country's Infrastructure on Businesses

A country's infrastructure impacts businesses in many ways. This lesson describes both hard and soft infrastructure, provides business examples of each, and discusses the cost and measurement of impact.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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