Business Studies, asked by dbsmmamu3, 1 year ago

what is the importance of international bussiness

Answers

Answered by Adwaitm
1

Better risk management. One of the significant advantages of international trade is market diversification. Focusing only on the domestic market may expose you to increased risk from downturns in the economy, political factors, environmental events and other risk factors.


dbsmmamu3: thxs for hlp me before my exam
Answered by vishu592
1

1. It is important to meet imports of industrial needs.

2. Debt Servicing: This means to grant loan for and for their industrial development.


dbsmmamu3: the answer is not bad but i think this answer is not sufficient for 5 marks.
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