What are the economic factors that affect international business
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Answer:Demand and Supply.
Marginal and Total Utility.
Money and Banking.
Economic Growth and Development.
Income and Employment.
General Price Level.
Trade Cycles.
Inflation.
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Answer:
Economic factors relates to the economic system of the country where the firm has its operations. Various econocmi factors such as inflation rate, interest rate, income distribution, employment level, allocation of government budget, etc., directly impacts the operations of business firm (NDUNGU, 2012).
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