This course will explore the challenges of corporate finance and investment in a more integrated global economy. How should one optimally organize the location of production, control, and financing? What kinds of new concerns emerge when the whole world, rather than just one's domestic economy, become the arena of decision making? How does decision making depend on the environment one is doing business in? Most students will see this as an alternative to the case course in corporate finance (35201), but some could see it as a complement.