Impact of economic change on international business

174 words (1 pages) Essay

9th May 2017 Economics Reference this

Disclaimer: This work has been submitted by a university student. This is not an example of the work produced by our Essay Writing Service. You can view samples of our professional work here.

Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UKEssays.com.

Introduction

Last four years had seen a rapid, radical change in an international economic condition. The Global Economic change embodies the upgrading and degrading of any country’s living standard. Global economic changes affect the economic environment which includes level of employment, inflation, interest rate, taxation and exchange rate. Hence, implementation of economic policies has a strong direct effect on international business and that’s way when the International economic policies are framed they are framed with reference to international business. Internationally there are number of problems which had affected the international economy as well as national economy such as problem in international trade, diseases like bird flu, environmental condition such as disasters like tsunami in Japan, financial crisis etc. and for these reasons globally coordinated efforts are required like international public goods whose rules applies across the globe as a whole M., Ferroni and A., Mody, (2002).

Introduction

Last four years had seen a rapid, radical change in an international economic condition. The Global Economic change embodies the upgrading and degrading of any country’s living standard. Global economic changes affect the economic environment which includes level of employment, inflation, interest rate, taxation and exchange rate. Hence, implementation of economic policies has a strong direct effect on international business and that’s way when the International economic policies are framed they are framed with reference to international business. Internationally there are number of problems which had affected the international economy as well as national economy such as problem in international trade, diseases like bird flu, environmental condition such as disasters like tsunami in Japan, financial crisis etc. and for these reasons globally coordinated efforts are required like international public goods whose rules applies across the globe as a whole M., Ferroni and A., Mody, (2002).

Cite This Work

To export a reference to this article please select a referencing stye below:

Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.

Related Services

View all

DMCA / Removal Request

If you are the original writer of this essay and no longer wish to have your work published on the UKDiss.com website then please: