Modes of International Business and Investment
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Modes of International Business
Merchandise Exports & Imports
-This is the most common mode of international business.
-Merchandise exports and imports are tangible products. They can be seen leaving and entering a country.
Services Exports & Imports
They are international non-product sales and purchases.
Tourism and Transportation:
Are important sources of revenue for airlines, shipping companies, travel agencies, and hotels.
Performance of Services
This refers to company's earnings in the form of fees (payments for the performance of a service).
Turnkey Operation
Is a deal where a company takes all responsibility for constructing, fitting and staffing a building (such as a school, hospital or factory) so that it is completely ready for the purchaser... Continue reading "Modes of International Business and Investment" »