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Diploma in Higher Education Studies

What is globalisation?

HES 203 · International Business — Week 1 of 16

CourseHES 203
Week1 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

What is globalisation?

  1. Products from around the world
  2. Why the world is more connected

What you will be able to do

  • 1.1 Explain the key drivers of international trade.

Activity

Find where the things in your bag were made.

Study materials

Further resources

  • Introduction to Business 2e, ch. 3.1–3.2: Global trade and why nations trade · PDF · OpenStax (2026); pp. 79–83 · for registered students
  • Understanding the WTO, ch. 1: Basics – the WTO, principles and the case for open trade · PDF · WTO plain-language booklet; pp. 9–15 · for registered students
  • World Trade Report 2023, Executive summary: re-globalization · PDF · WTO World Trade Report 2023 – a step up; pp. 8–15 · for registered students
  • Transportation Costs and International Trade in the Second Era of Globalization · Open-access article · Hummels (2007), Journal of Economic Perspectives. How cheaper, faster shipping (sea and air) helped drive post-war trade growth. · for registered students
  • World Development Report 2020: Trading for Development in the Age of GVCs (Overview) · Open-access article · World Bank (2020), World Development Report. Accessible overview of global value chains, with case examples across industries and countries. · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
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Course plan
  • Week 1: What is globalisation?
  • Week 2: Why countries trade
  • Week 3: Global industries
  • Week 4: Trade blocs and the European Union
  • Week 5: Tariffs and quotas
  • Week 6: Going international: exporting and franchising
  • Week 7: Joint ventures and foreign direct investment
  • Midterm: Midterm evaluation
  • Week 9: Culture and business
  • Week 10: Comparing cultures: Hofstede’s dimensions
  • Week 11: Ethics in global supply chains
  • Week 12: Sustainability in business
  • Week 13: Case study: a multinational’s international strategy
  • Week 14: Making recommendations with evidence
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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