| University | London College of Professional Studies (LCPS) |
|---|---|
| Subject | Unit 12 International Business (L/650/4828) |
Unit 12 International Business Assignment Brief
| Qualification | ATHE Level 3 Diploma in Business |
|---|---|
| Unit Title | Unit 12 International Business |
| Unit Reference Number | L/650/4828 |
| level | 3 |
| Credits | 15 |
| GLH | 90 |
| Unit grading structure | Pass, Merit and Distinction |
Unit Aim
Learners will develop knowledge and understanding of how businesses trade internationally, the benefits and costs to a business of trading internationally and the barriers to trading internationally.
Learning Outcomes and Assessment Criteria
| Learning outcomes
The learner will demonstrate that they: |
Assessment criteria
The learner can: |
||
| Pass | Merit | Distinction | |
| 1. Understand the nature of international trade | 1.1 Explain the key elements required for international trade to benefit both parties
1.2 Analyse the implications to a named organisation of trading internationally 1.3 Explain trade deficits and surpluses
|
1M1 Analyse the composition of major imports and exports for a named country
|
1D1 Analyse the implications of a named country’s balance of trade in recent years
LO1, LO2, LO3 and LO4
4D1 Evaluate the challenge to a specific organisation of trading internationally in a named country |
| 2. Understand the impact of exchange rates on a business | 2.1 Analyse how exchange rate fluctuations affect the price of imports and exports for a named organisation
2.2 Explain how an organisation can reduce the risk of exchange rate fluctuations |
||
| 3. Understand the nature of trade agreements between countries
|
3.1 Describe two international trade agreements
3.2 Explain the role of the World Trade Organisation
|
LO1 and LO3
3M1 Analyse the benefits of two international trade agreements for a named country
|
|
| 4. Understand barriers to trading internationally | 4.1 Explain how and why governments seek to restrict trade between countries
4.2 Explain the operational barriers to trading internationally for a named organisation |
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