Tuesday, May 21, 2013

What Economic Factors That Affect International Business


International business and the global economy need each other to thrive. According to the International trade commission the demand for goods and services in the international market of china and India can only sustain itself through consumerism. National association for business economics.

The U.S. economy prospects the globe in development and creativeness, so the International Trade Administration (ITA) factor is to improve the competition of U.S. business by marketing trade and investment decision to ensure good trade with the enforcement associated with trade laws and contracts. With only 5 % on the planet consumers residing in the U.S. International trade assists diversify the U.S. household economy.

International trading assists small businesses grow and are more competing in the world market. The majority of small and medium-sized international trading comprises almost 97 % of U.S. exporters. The information show that the United States export products have improved from 224 billion dollars to $1.1 trillion in the past 25 years.

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