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Lecture 3

GMS 200 Lecture 3: Lecture 3

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Ryerson University
Global Management Studies
GMS 200
Bamediele Adukunle

Lecture 3 WTO trade facilitation Agreement - Single window - One stop borer post (OSBP) / joint border post (JBP) - Harmonization of processes and procedures - Automation - Tariffs/non-tariffs barriers (NTB) International trade terms 1. Border 2. Cargo/freight 3. Container 4. Abotage 5. Cost, insurance, freight 6. Customs 7. Immigration 8. Cleaning & formatting agent Immigration - Refugees – landed & protected persons, refugee claimant - Economic migrants - UNHCR, IOM Global Dimensions of Management The international management challenges of globalization Key concepts: global economy, globalization, international management, global manager - European union (EU) - Americas NAFTA, FTAA - Asia & pacific - Africa, Southern African Development Community (SADC), Economic Community of West African States (ECOWAS) Forms and Opportunities of international business Reasons for engaging international business o Profits o Customers
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