--%>

Trends in international business

Explain three important trends which have prevailed in the international business during last two decades.

E

Expert

Verified

Year 1980 has brought a swift integration of the international capital and the financial markets. Introduction of the globalized financial markets originally started from the governments of some important countries which had deregulated their capital markets and foreign exchange. Economic integration and globalization which is started in eighties is making speed in the 1990s through privatization, which is the process through which, a country deprive itself of ownership and  the operation of  business enterprise by turning it to the system of free market. At last, economic integration and trade liberalization continued to advance at both the global and regional levels.

   Related Questions in Financial Accounting

  • Q : Advantages and disadvantages of gold

    Write the advantages and disadvantages of the gold standard.

  • Q : Re-measurement and translation

    Explain the re-measurement and translation procedure in FASB 52 of translating to the reporting currency the books of the entirely owned affiliate which maintains its books in local currency of country in which it operates, that is different from its functional curren

  • Q : Define Income Statement How to do

    How to do income statement = from the revenues we will deduct all the expenses related to that period to get the income or loss. When the revenues are more than the expenses then it is income and when the expenses are more than the revenues then it is

  • Q : Analyse the ramifications for

    HOMEWORK ASSIGNMENT FOR ADMINISTRATIVE LAW"The problem in today's complex legal environment is that the law is not able to be divided conveniently into segments. Any apparently discrete sect

  • Q : What is the equivalent rate A bank

    A bank quotes an interest rate of 13.5% per annum with quarterly compounding. What is the equivalent rate with (a) continuous compounding and (b) annual compounding?

  • Q : Psychological Health Psychological

    Psychological Health: The employees have noted in their survey feedbacks that their peer relations are based on trust and are healthy. But the nature of work is such that they see lot of suffering. Their interaction with clients at times is not health

  • Q : Historical Cost of Liabilities State

    State the Historical Cost of Liabilities?

  • Q : Function of budgetary control play in

    Describe the function of budgetary control play in cost control? And also write down the requirements for its triumphant execution?

  • Q : What is the opening accounts receivable

    Big Problem Ltd., an oil refining business uses an allowance system to account for bad debts. At the beginning of the year the allowance had a credit balance of $16,000. The following transactions took place during the year. a) Tot

  • Q : Demerits of implementing Uniform Costing

    Write down the demerits of implementing Uniform Costing?