What impact have for international business in long-run

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It has been suggested that we have been moving away from a bipolar world (end of the cold war from 1989-1991) to a multipolar world where clash of civilisations are common. Many countries are difficult to do business for a Western multinational as the host country itself is in conflict with the enterprise's home country in terms of each other's value system. What do you make out of this new world order? What impact it might have for international business in the long-run (either positive or negative). Explain with your justification.

Reference no: EM133330039

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