Question

activities that take place across the national frontiers are termed as​

Answer 1

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International trade: International trade is the exchange of goods and services across national borders. In most countries, it represents a significant part of GDP. Trade barriers are often criticized for the effect they have on the developing world.

Answer 2

International Business: International business is termed business activities which are undertaken across national countries.

About the international business:

International business is termed as the

• trading of goods and services,
• capital,
• technology and science
• knowledge

across the countries at the transnational and global level.

Types of international business:

• Exporting
• Franchising
• Licensing
• Foreign Direct Investment

Effects of international business:

• Profitability would be raised
• Business scalability increased
• Production capacity is raised
• The customer base will be enhanced