International business is the process of implying business across the boundary of the country at a global level. It conducts business transactions all over the world between the parties in different global locations. This trade allows a country to specialize in producing and exporting the most efficient products that can be produced in that country. Foreign investment plays a crucial role in international business. Direct investment and portfolio investment are the two types of international investment. The importance of International business lies in the fact that you get a new market to enter and to expand in. One of the benefits of the International business is that the firm can establish a monopoly or duopoly in the target market., thereby generating a lot of revenue. International business helps to earn valuable foreign exchange. This foreign exchange is used to pay for imports. Optimum utilisation of resources is ensured. Rapid economic growth is possible only with international business.

Abhijith S

354 resources

1

3

1

Like