International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational level. It involves cross-border transactions of goods and services between two or more countries. Transactions of economic resources include capital, skills, and people for the purpose of the international production of physical goods and services such as finance, banking, insurance, and construction. International business is also known as globalization.
TYPES OF INTERNATIONAL BUSINESSES
All the major international business conducted in the world can come under seven main types.
- Imports and exports
- Outsourcing and offshoring
- Joint ventures and strategic partnerships
- Multinational companies
- Foreign direct investment
How we work
Expert business intermediaries at Creative Business Services are available to assist you in navigating the often-complex landscape of buying or selling in the international arena.