Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What does international business involve?
What does international business involve?
- Trade of goods and services within a single country
- Trade of goods and services within a continent
- Trade of goods, services, technology, capital, and/or knowledge across national borders (correct)
- Trade of goods and services within a region
What is one of the macro-scale factors underlying the trend of greater globalization?
What is one of the macro-scale factors underlying the trend of greater globalization?
- Imposing strict trade regulations
- Restricting technological advancements
- Eliminating barriers to make cross-border trade easier (correct)
- Promoting isolationism
What is another term for international business?
What is another term for international business?
- Globalization (correct)
- Local business
- Regional business
- Domestic business
What resources are included in the transactions of economic resources for international production?
What resources are included in the transactions of economic resources for international production?
Signup and view all the answers
What technological developments contribute to greater globalization?
What technological developments contribute to greater globalization?
Signup and view all the answers
