BA International Trade
BA International Trade involves understanding the effects of activities on the country’s domestic and foreign markets. Successful international businesses recognize the diversity of the world market and can handle the uncertainties and risks of doing business in an ever-changing global market.
Because nation-states have unique government systems, laws and regulations, taxes, obligations, currencies, cultures, practices, etc., International trading is definitely more complex than doing business that operates exclusively on domestic markets.
The main task of international business is to understand the very size of the global market.
The core issues considered by companies and professionals involved in international trade include:
- Economic environment
- Political environment
- Cultural environment a
- Competitive environment