A. Define international business and other essential terms of international trade.

B. Describe how international business differs from domestic business.

C. Explain why companies participate in international business.

D. Explain why the growth of the international business has accelerated.

E. Describe the different ways of conducting international business.

F. Explain the importance of understanding the social sciences (geography, politics, law, culture, and economics) and how they affect the functional areas of business.

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