Principle of Economic

Despite the fact that international trade is more streamlined and interconnected than ever before, there are still a number of issues prevalent in the industry right now. These issues are creating problems and making things more difficult for supply chains around the world to function at optimal levels.

Question: Discuss TWO (2) issues as listed below that creating issues in international business. You may include justifications from the relevant journal articles to make your argument constructive enough to support your discussions. (100 marks)

ISSUE 1: Inflation and Currency Exchange Rates

ISSUE 2: Communication issues and cultural gaps