International (cross-border) business refers to the trade and investment activities by companies across national borders. International trade includes all commercial activities that promote the transfer of goods, services, resources, people, ideas, and technologies across national boundaries.
International business refers to the trade of goods, services, technology, capital, and/or knowledge across national borders and at the global or international level. It involves cross-border transactions of goods and services between two or more countries. Economic resource transactions include capital, skills, and people for the purpose of international production of physical goods and services such as finance, banking, insurance, and construction. International trade is also known as globalization.
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