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Chap 1: Globalisation (causes (falling trade barriers make t easier to…
Chap 1: Globalisation
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affect on managers
range of problems confronted in an international business is wider & the problems are more comples than those in domestic business.
firms have to fnd ways to work within the limits imposed by government intervention in the international trade and investment system.
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Defination
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world moving away from self-contained national economies toward an interdependent, intergrated global economic system.
Drive for Globalisation
declining barriers to the free flow of goods, services & capital
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