International business fundamentals grade 12 textbook pdf

What is an international business PDF?
International Business refers to the exchange of goods and services between two parties of different countries.
International Business may be understood as those business transactions involve crossing of national boundaries..
What is the basic concept of international business?
International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale.
It involves cross-border transactions of goods and services between two or more countries..
Benefits of International Business
Earning of Foreign Exchange: It helps a country to earn foreign exchange and can be used to import capital goods, technology etc.
More Efficient Use of Resources: Every country has some resources, e.g., labour resources, technological capabilities, water resources, etc.
International business encompasses all commercial activities that take place to promote the transfer of goods, services, resources, people, ideas, and technologies across national boundaries.

What is an international business PDF?