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Shvoong Home>Business & Finance>International Business>International Business or International Trade Review

International Business or International Trade

Article Review   by:oxlay    
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International business or international trade is an interaction or activity that is economically between the two countries. These activities could be possible because each state has different potential, and could only satisfy their need for something with a way to buy from other countries. For example, a Country requires petroleum, while the country has no natural resources, then he will buy from other countries which have abundant oil. Business activities can occur in the form of trade in goods and services. Therefore, business or international trade can occur because of the need for a Country that can not be met alone and because of excess capacity or ownership of a Country against an excess of goods and services so that it can be sold to meet the needs of other countries.
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