International Business

by charleslimnet
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International business entail cross border transactions. The competitive world of business as spurred an increase in the rates with which business organization endorse overseas ventures. Endorsement of international business generates numerous advantages for an organization which includes, superior currency exchange that translates to higher profitability and increase in market shares through capitalization of outside population. However, engagement in border transaction is complex and sophisticated as a result of different cultural, legal, political and economic policies. Therefore a firm that desires to concur international trade needs to engage in elaborate analysis of these factors. On the other hand developing economies such as Niger and South Korea provide viable grounds for inception of international trade due to their large populations and numerous opportunities arising from rapid development policies. The paper thus conducts sensitive analysis on these nations with the aim of

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