International Business:
International business involves cross border transactions which are related to goods as well as services between two or more countries which is also known as globalization. Globalization is grown due to advance in transportation as well as communication technology. Globalized company will increase global interactions which is come with growth of international trade, culture and ideas. In respect of that, the essay will explain and give examples how the growth in international trade is influenced by factor affecting the global economy and analysis global business environment influence the growth and development of international business.