Chapter

3.1. Global Trade in the United States*

From IntroductionToBusiness OP 8D04gAa

Concepts

1. What does it mean for a business to develop a global vision?

   "This chapter examines the business world of the global marketplace. It focuses on the processes of taking a business global, such as licensing agreements and franchisees; the challenges that are enco

2. Why is global trade important to the United States?

   "Global business is not a one-way street, where only U.S. companies sell their wares and services throughout the world. Foreign competition in the domestic market used to be relatively rare but now oc

3. How has terrorism affected global trade?

   "The terrorist attacks on America on September 11, 2001, and the Charlie Hebdo terrorist attacks in Paris in 2015 have changed the way the world conducts business. The immediate impacts of these event

4. How is international trade measured between nations?

   "International trade improves relationships with friends and allies; helps ease tensions among nations; and—economically speaking—bolsters economies, raises people’s standard of living, provides jobs,