Barriers and Challenges Within the Global Business Environment

This assessment will cover following questions:

• Discuss and give examples of how the growth in international trade is impacted by the factors affecting global economy.
• Evaluate how the global business environment impacts the growth and development of international business.
• Explain global business environment with example of how the growth in international trade is affected by factors of global economy.

International Business:

International business involves cross-border transactions which are related to goods as well as services between two or more countries which is also known as globalization. Globalization is grown due to advance in transportation as well as communication technology. Globalized company will increase global interactions which is come with growth of international trade, culture and ideas. In respect of that, the essay will explain and give examples how the growth in international trade is influenced by factor affecting the global economy and analysis global business environment influence the growth and development of international business.