Essays on International Business

In today’s 21st century, global economy is driven with severe competitions amongst ambitious countries where there prevails major economic conflict amongst each other. The world-wide economic activity among these countries that are inter-related and adversely affect each other’s economic status. In the past few decades, we can witness clash of different nations with regard on...

1.1. International Policy & Environmental Regulations International policy and the environment do not always go “hand-in-hand”. There are so many obstacles to consider. Most international trade deals generally collapse before they have even begun. This is due to environmental concerns. A recent trade deal attempt was between India. Although India needed the Barley for their...

The word ‘Culture’ is a complex word of the English Dictionary encompassing vast and diverse meanings. According to one source, it is defined as, ‘The way of life, especially the general customs and beliefs, of a particular group of people…’ (Cambridge Dictionary 2018). Hence the culture of a society, community or a group serves as...

International business encircles all the commercial activities that are done to promote the transfer of goods, resources, ideas, services, people and technologies across national borders. It is one of the most dominant styles of doing business in this competitive world. People see its manifestations all around them, from McDonald’s golden arches in a Chinese city...

According to Mustafa, Qayyum and Hera (2018), setting trade barriers to correct trade deficits and then solve domestic employment problems has always been the main reason for trade protection in developed countries. As for its effects, the theory and empirical research of trade economics in the last century has been concluded: trade barriers can alleviate...

The economic dependency and integration of the world economy has seen tremendous growth in recent years and has been a powerful catalyst to growth. This has been driven by increasing international trade where the world economies have opened their borders to allow movement of goods between domestic and global regions. The extent to which international...

This ‘trade war’ has drastically changed trade patterns around the world and has inspired protests from many industries in both the US and China. The tariffs affect consumers through two major avenues: a rise in prices for consumer goods and deadweight loss in the economy. Consumers have not yet dealt with the price increase directly,...

Globalization is a position in which available goods and services, or social and cultural influences, gradually become similar in all parts of the world. It is the expansion of a domestic company to an international one. When economies become more connected to each other, opportunities increase so as competitions. To secure their positions, they need...

The Republic of Costa Rica is based in Central America in between the Caribbean Sea and the Pacific Ocean. It shares boarders with the neighbouring countries of Panama and Nicaragua. The land size of the country is 51,100 square kilometers that is mostly used for agriculture, specifically coffee and bananas. With today’s population growing to...

Introduction I am writing a report on why should a business trade internationally along with what are the advantages and disadvantages of trading internationally with how to help businesses trade internationally as well as the effect of globalisation and trading blocs on international trade. During my report, I hope to show methods of how a...