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The concept of the extensive margin in international trade refers to the decision-making process of whether to enter a new market or expand existing operations. It involves considering factors such as costs, market potential, and competition to determine the feasibility and benefits of expanding trade activities. This concept influences decision-making by highlighting the potential gains from increasing trade volume and market reach, as well as the risks and challenges associated with expanding into new markets.

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8mo ago

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What is the recruitment process in multinational companies?

it is the process of planing,strategy and development as well as searching for a pool of potential candiates to fill a vacant post on international level.


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The site doesn't define globalization. People define it and I would define it as a process that business and other organizations develope international influence or operate on an international community.


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