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Hello, im a late enrollee and trying to catch up. Can you help me here? Thank you! The primary purpose of why local economies transact

Hello, im a late enrollee and trying to catch up. Can you help me here? Thank you!

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The primary purpose of why local economies transact and make deals with other * countries is because of money. There is value in promoting where you are good at and using it as a leverage to fill the spaces in which one may think another country is known for. Economic Integration Market Integration () Going Global in Business Looking for the most efficient and cheapest way to manufacture a new product, which includes looking into different suppliers from different parts of the world. Economic Integration Market Integration O Going Global in Business When the telephone was invented, it made it easier for different countries to communicate and allowed information to travel faster. This resulted into better transactions and deals between countries and the products that they are known for. Economic Integration O Market Integration ) Going Global in Business A company owner who goes global must take into account the importance of understanding cultural differences. One must know that a certain culture in a local unit might not be applicable for a different unit abroad. Economic Integration O Market Integration () Going Global in Business When a country is known for its rich agriculture, a technological country may reach out and transact deals that will aid them in innovating and advancing the way they do their crops. In this manner, both countries will be able to gain progress, aside from establishing good international relations. Economic Integration Market Integration

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