AFM333 Lecture Notes - Lecture 1: International Monetary Fund, World Trade Organization, Portfolio Investment

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM333
• Professor: clarkhampton

Document Summary

International business: performance of trade and investment activities by firms across national borders. it emphasize crossing national boundaries, so aka cross- border. Firms organize, source, manufacture, market and conduct other value . Performed by individual firms, governments and international agencies. adding activities on an international scale. business. Globalization is associated with internationalization of countless firms and dramatic growth. Canada"s recession resulted largely from its intense trading relationship among nations through multilateral regulatory agencies such as the world trade organization (wto) and international monetary. Integration and interdependency of national economies quickly spread the crisis throughout the world. International trade: exchange of products and services across national borers, typically through exporting and importing. Most conventional international business transactions are international trade and investment. Exporting: the strategy of producing products or services in one country (often the producer"s home country) and selling and distributing them to customers located in other countries.