GEB 1101 Lecture Notes - Lecture 1: Foreign Direct Investment, World Trade Organization, Portfolio Investment
Document Summary
Globalization intense economic, political and personal interconnectedness between countries, components and consumers international trade the exchange of products and services across national borders. Gdp: the total value of products and services produced in a country within the course of a year firms engage in fdi abroad to establish. A factory or other facility to produce products or services. A sales or representative office to conduct marketing or distribution activities. A young entrepreneurial company that initiates ib activity very early in it"s evaluation. The gradual integration& growing interdependence of national economies allows firms to view the world as an integrated marketplace that includes buyers, producers, suppliers and governments in different countries. Gatt (general agreement on tariffs and trades) originally formed into ______,a multinational governing. Exchange of products and services across national borders, typically through exporting and importing. Sales of products or services to customers located abroad.
