• Raising awareness of the interrelatedness of one country's political policies and economic practices on another
• Learning to improve international business relations through appropriate communication strategies
• Understanding the global business environment-that is, the interconnected-ness of cultural, political, legal, economic, and ethical systems
• Exploring basic concepts underlying international finance, management, marketing, and trade relations
• Identifying forms of business ownership and international business opportunities

The study of international business is best implemented early in students' educational backgrounds and should be steadily reinforced to ensure that students graduate with the ability to use these skills effectively in global organizations.

Below is an overview of the achievement standards for the international business content area. Each achievement standard states the understanding and competency students should attain. Each achievement standard has corresponding performance expectations. Each performance expectation delineates what students need to do to exhibit the knowledge and the skills required to meet the achievement standard. The corresponding performance expectations for each achievement standard are detailed in the publication.
 

I. Foundations of International Business
Achievement Standard: Explain the role of international business; analyze how it impacts business at all levels (including the local, state, national, and international levels).
 
II. The Global Business Environment
Achievement Standard: Describe the interrelatedness of the social, cultural, political, legal, and economic factors that shape and impact the international business environment.
 
III. International Business Communication
Achievement Standard: Apply communication strategies necessary and appropriate for effective and profitable international business relations.
 
IV. Global Business Ethics
Achievement Standard: Describe the environmental factors that define what is considered ethical business behavior in a global business environment.
 
V. Organizational Structures for International Business Activities
Achievement Standard: Identify forms of business ownership and entrepreneurial opportunities available in international business.
 
VI. International Trade Relations
Achievement Standard: Relate balance of trade concepts to the import/export process.
 
VII. International Management
Achievement Standard: Analyze special challenges in operations and human resource management in international business.
 
VIII. International Marketing
Achievement Standard: Apply marketing concepts to international business situations.
 
IX. International Finance
Achievement Standard: Explain the concepts, role, and importance of international finance and risk management.

From the National Standards for Business Education © 2001 by the National Business Education Association, 1914 Association Drive, Reston, VA 20191.