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What is international business

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Reference no: EM132172154

Answer the following Question :

1- Why is it important to be respectful during a communication exchange (as the sender or receiver)? Why is this especially important with business communication?

2- What is international business? What is an import? What is an export? Why might a company engaging in international business want and not want free trade?

3- What is a tariff? What is a non-tariff? Why might a government implement tariffs? What are five types of tariffs? Are tariffs good for the economy; why or why not?

4- Define the following: letter of credit, bill of lading, and a draft.

Reference no: EM132172154

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