Solved: How would you define International Business and Commerce? Provide two

International Business and Commerce can be defined as global trade of goods and services.International trade is encoraged because to improve the higher rates of profits,limited home market,cost of manpower and transportation,to increase the market share.In large scale the excahnge of goods will be carried out.For example India imports some electronic gadgets from America like mobiles,laptops,ipods etc.Apple is an company which manufactures the electronic gadgets and this company mobiles have more demand in today market so,India imports iphones,mc books from America which gives more profits to the retailers.Another example,Tea is one of the product exported from India to America.Food products such as spices,flours are also very popular in united states.These are some examples which increase the international business and commerce.