International Business

International Business refers to commercial transactions that occur between parties from different countries. This encompasses a wide range of activities, including the exchange of goods, services, and capital across national borders. It involves various aspects such as importing and exporting, international trade regulations, foreign investments, and global supply chain management. Companies engaged in international business must navigate diverse economic environments, legal systems, cultural differences, and currency fluctuations. The goal is to expand operations and markets beyond domestic boundaries, allowing for greater opportunities and potential for growth. International business plays a crucial role in the global economy, fostering trade relationships and economic development between nations.