Problems In International Business

Abstract

International business relates to any situation where the production or distribution of goods or services crosses country borders. Country leaders are concerned with national issues and priorities, and fail to address the wider picture that would allow their country to grow in the long term. An increased integration of the international agenda into the national agenda would be the only viable solution and that the process can be made easier through the involvement of other actors, such as civil society, NGOs and trade unions, who would operate as vectors to transmit international commitment into the national framework. The focus of the study is to know impact of the global economic crisis on developing countries, least-developed countries, and the role of trade financing and role of the WTO and negotiations in the midst of the current financial crisis. It finds global solutions to global problems and forward towards better global governance.