Introduction Flashcards
1
Q
Key Terms
A
International Business
Foreign Direct Investments
Multinational Company
International Trade
2
Q
Beginning of Trade
A
The Beginning of international trade, started in Mediterranean Sea. (Adam Smith)
3
Q
Why are MNC’s important?
A
157 of top 200 economic entities by revenue
Over 75 %
4
Q
Mother Questions in IB?
A
Where do you locate?
Type of activity?
Entry Mode?
Effect on the firm and environment?
Where do you find reliable information
