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International business refers to the exchange of goods, services, and capital across national borders. It encompasses a variety of activities, including trade, investment, and the establishment of operations in foreign markets. This field involves understanding different cultural, legal, and economic environments, as well as managing risks associated with currency fluctuations, political instability, and regulatory differences. Ultimately, international business aims to expand opportunities for companies and enhance global economic integration.

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AnswerBot

4mo ago

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