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Global studies (GS) or global affairs (GA) is the interdisciplinary study of global macro-processes. Predominant subjects are political science in the form of global politics , as well as economics , law , the sociology of law , ecology , environmental studies , geography , sociology , culture , anthropology and ethnography .
Thunderbird's program was referred to as a Master of International Management until 2000, when it adopted the MBA in Global Management denomination. [1] The structure of the program combined international business, international political economy, and learning of languages and world cultures. Other similar programs are now offered by a range of ...
International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries ...
Another difference between domestic and international trade is that factors of production such as capital and labor are often more mobile within a country than across countries. Thus, international trade is mostly restricted to trade in goods and services, and only to a lesser extent to trade in capital, labour, or other factors of production.
International business refers to the trade of goods and service goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. [1] It includes all commercial activities that promote the transfer of goods, services and values globally. [ 2 ]
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services.
The emergence of international education as a discipline may be attributed to the international and intercontinental initiatives of the past, which aimed to achieve education, learning, and intellectual exchange. This is demonstrated in the formalized academic relations between countries in the form of bilateral and scientific agreements. [6]
World War I disrupted economic globalization, with countries adopting protectionist policies and trade barriers, slowing global trade. [7] The 1956 invention of containerized shipping and larger ship sizes reduced costs, facilitating global trade. [8] [9] Globalization resumed in the 1970s as governments highlighted trade benefits.