English, asked by simranfruitwala1, 1 month ago

व्हिच वन ऑफ द फॉलोइंग इज इंपोर्टेंट फॉर इंटरनेशनल बिजनेस टू अवॉइड ट्रेड बैरियर्स​

Answers

Answered by joshithastro
1

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Answered by divya629
0

Answer:

hope it's helpful to you but this is in English..

Explanation:

International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale.

It involves cross-border transactions of goods and services between two or more countries. Transactions of economic resources include capital, skills, and people for the purpose of the international production of physical goods and services such as finance, banking, insurance, and construction. International business is also known as globalization.

To conduct business overseas, multinational companies need to bridge separate national markets into one global marketplace. There are two macro-scale factors that underline the trend of greater globalization. The first consists of eliminating barriers to make cross-border trade easier (e.g. free flow of goods and services, and capital, referred to as "free trade"). The second is technological change, particularly developments in communication, information processing, and transportation technologies.

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