ABSTRACT: In the international business we have discuss about the business where we have sold and buy the product for making a profit and most of the cases, we have buying a goods and product to another country and we also sell the product like tea, coffee. The importance of the international business is to set up a multinational company in India and also, we meet the new technology and also, we earn foreign exchange because in this type of business all the goods and services are export in all over the world so the foreign is make a business more powerful and profitable and much more things. Even a country has a limited resources and cannot published all the good and services in all over the country it also invested world in the international production and trade and exchange this business is help to develop your normal business to grate business and multinational investment. And a fast-glowing market and there is need of incorporate into global product to respond to local competitors. So the trade is one of the nodes of international business and the strategy of the multinational firms by the tariff and non-tariff or to create a successful global strategy and understand the natural of global industries so, in the world economy we can see that international business has been the raise of Companies that operate a globally and the multinational from all countries in the world that is need to Be ensure that they don’t fall local law and profit back to their home countries and the advantage of MNEs both are the destination for most global flow also a outward and inward for the direct investment So The importance of this type of business you can sell you product to all over the country and in the Country and it helps your business to grow up of your business and make a pro Of Development of International Business, Why International Business is Important

Keywords— Increased Revenue, Reaching New Customer, Foreign Exchange Market, Future


PDF | DOI: 10.17148/IARJSET.2021.8697

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