International Business (Unit 3) - Reasons to trade internationally
- Created by: moustafamallah
- Created on: 23-04-14 09:51
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International Business: When a business has transactions that involve the exchange of goods and services in more than one country.
- Businesses that trade internationally are known as multinationals
Reasons to trade internationally:
- Overcome domestic limitations
- Extend product life cycle
- Higher potential for sales
- Benefit from global sourcing
- Achieve business objectives
Domestic Limitations:
Trading in…
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