refers to firm's performance of trade and investment activities across national borders also referred as cross-border business

is a business that has direct investments abroad and multiple countries

a company that adopts a global perspective and engages in international business from near its inception

are manufacturers or service providers with fewer than 500 employees

refers to the trend toward greater economic, cultural , political and technological interdependence among national institutions and economics

two areas of business in which globalization is having profound effects

refers to the convergence in buyer preference in markets around the world

benefits of globalization of markets

refers to the dispersal of production activities to locations that help a company achieve its cost-minimization or quality-maximization objectives for a good or service

benefits of globalization of production

treaty designed to promote free trade by reducing both tariffs and non-tariff barriers to international trade

international organization that enforce the rules of international trade

created to provide financing for national economic development efforts

created to regulate fixed exchange rates and to enforce the rules of the international monetary system

gathers three nations ( canada mexico and united states ) into a free trade bloc

combines 28 countries

consists 21 member economies committed to creating a free trade zone up around the pacific

is the value of all goods and services produced by a domestic economic over a 1-year period

the value of all goods and services produced by a country's domestic and international activities over a 1-year period

use of computer networks to purchase ,sale , or exchange products; to service customers and collaborate with partners

key players in math international business includes

two major forces driving globalization

factors that helps reduce the barriers includes

technological innovations such as