Posts published in “INTERNATIONAL BUSINESS”

Free trade blocks are groups of countries geographically close that have arranged to trade with each other without restrictions.

International competitiveness can guarantee success of a multinational company. International competitiveness is a non-price factor.

Multinational companies have varying impacts on host countries, some of which are beneficial whilst others are detrimental.

To invite multinational companies to open branches, or to create Joint Ventures (JVs) with local businesses, the country must make effort.

There are several reasons why businesses want to become a multinational company by operating in countries other than their home country. 

Any company that has operations overseas – producing goods and providing services in more than one country – becomes a multinational company.

Globalization has a great impact on both individual customers, business managers, entire businesses and the countries involved.

Businesses that operate internationally are able to tremendously benefit from business growth as they operate on the global scale.

International trade has plenty of potential drawbacks which need to be considered carefully by businesses and governments.

International trade has plenty of potential benefits which need to be considered carefully by businesses and governments.

To restrain international trade, governments around the world, have imposed trade barriers such as tariffs, quotas and embargoes.

The growth of international trade has been very rapid to the extent that today all countries in the world trade with other countries. 

Nowadays, products are produced in one country and then sold to customers all over the world. This increase in international trade led to globalization.

Having imbalance in international trade – either large trade deficit or too much trade surplus – is usually not a good idea for a country.