The document provides an overview of international business, including:
1) It defines international business as transactions carried out across national borders to satisfy objectives of individuals, companies, and organizations.
2) International business has grown significantly in recent decades, with global trade increasing from $200 billion to over $7.5 trillion in the past 30 years.
3) International business has created a network of global links that bind countries and economies through trade, financial markets, and living standards.
7. Types of International Business Export-import trade Foreign direct investment Licensing Franchising Management contracts
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17. The Current U.S. International Trade Position Exports and Imports of Goods and Services per Capita for Selected Countries Country Exports per Capita Imports per Capita Australia Brazil China Japan Kenya United Kingdom United States $4,296 379 222 4,165 91 4,767 3,472 $4,525 428 199 3,622 125 5,500 4,962
