International Business Practices
Understanding that denationalization is the process of national boundaries becoming less relevant; research a real product, and explain how it is a product of denationalization, whereby markets are global and cutting across country borders, including the following:
• How marketing costs are lower and show new market opportunities were created
• How it helped income all year round, benefited the local market, and reduced expenses
• How it used local technology and the effect it had on other production inputs
Be sure to also include a response to the following questions:
• Did the product change jobs and wages domestically or internationally?
• Did it affect the environment domestically or internationally?
• Is denationalization of the supply chain better or worse for the global economy?