What are the two primary methods for conducting international business? What role has globalization played in these two methods?
What will be an ideal response?
The two main tools for conducting IB are international trade and international direct investment. Globalization has increased the role of international trade. In 1950, foreign trade accounted for only 1% of the GDP in the world's nations, and now it is up to 26%. Globalization has also led to increased FDI as citizens in one country invest in other countries.
Business
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________ knowledge is defined as "know-how." An example may be a step-by-step description of how to administer a particular drug
Fill in the blanks with correct word
Business
Is there sufficient evidence to reject the null hypothesis that there is no difference between the three exam forms? Use ? = 0.05
What will be an ideal response?
Business