The theory of comparative advantage is an economic theory about the work gains from trade for individuals, firms, or nations that arise f…
In economics, the principle of absolute advantage refers to the ability of a party (an individual, or firm, or country) to produce a gr…
Economies of scope : the cost savings developed by a group when it shares activities or transfers capabilities and competencies from on…
Spot - A spot transaction is a two-day delivery transaction (except in the case of trades between
The balance of payments of a country is the record of all economic transactions between the residents of a country and the rest of th…
If manager want to succeed in today’s volatile global economy, manager must be prepared to do business all around the world. Internatio…
External Environmental Factors 1. Social Conditions A Sociological perspective of environment includes the Demographic Status …
Product Organization structured Activities are on the basis of individual products, product line, and service and are grouped into de…
Merger - A merger is a combination of two or more businesses into one business. Laws in India use the term 'amalgamation' …
FDI without Alliances - Wholly owned subsidiaries Greenfield investment - is the establishment of a new wholly owned subsidiary . It…
Different modes or way of engaging in international business are mentioned below. Exporting Exporting - Exporting is the proces…
