Basically, it is just to have a standard that everyone can follow, and against which you can meaningfully compare what is happening in many different markets. If there were no standard, you would have to know every exchange rate of every nation's currency in order to understand what is going on. The US dollar doesn't have to be the standard, it just became so as a result of the historical strength of the US economy. Perhaps the Euro, or the Yuan will take its place one day.
most International business is done in English, French, German or Spanish.
Yes, increased international business means increased risk. This is because it means that the given business is being done on a very large scale.
Yes, increased international business means increased risk. This is because it means that the given business is being done on a very large scale.
what is the significance of international business
International business focuses on free trade. The scope of the international business environment is international marketing, global human relations, international finance, international investments and foreign exchange.
wat is international business and domestic business and wat are the differences
Any type of business that is done outside of the US even if you are in the US but your business dealings are out side of the US. That includes import and export of any product or service.
It stands for International Business Machines.
International Business Machine
international business market
International business is frequently referred to as?
International Business Air was created in 1983.