International business and trade

Abstract

International business relations are much older than we usually think. The epoch of global economy began, when prehistoric hunters first reached a tribe of prehistoric farmers and exchanged their products. Nowadays we define international business as all business transactions, involving 2 or more countries, and such a wide notion brings us to the idea, that international business is an extremely complex system, including different types of activities. Typically for market economy, people or organizations, involved in foreign business affairs, aim to maximize their profits, but the rule doesn’t work when we speak about governments, which may be motivated not only by profit prospects, but by other forces, like supporting financial stability or acquiring irreplaceable goods, needed to satisfy some vital social needs. When you are citing the document, use the following link http://essuir.sumdu.edu.ua/handle/123456789/35026