What factors are driving bussiness to became global?

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What factors are driving bussiness to became global?

2007-02-14 15:32:45 · 3 answers · asked by sevdagencheva 1 in Business & Finance ➔ Small Business

3 answers

More open markets.

Comparative advantage.

2007-02-14 15:35:32 · answer #1 · answered by JiveSly 4 · 0⤊ 0⤋

In short the economic theory of comparative advantage can explain the trend.
On the demand side, the increase of standard of living in developing nations. Companies seek to sell in those markets and establish operations. Of course China is a good example. But others include Chile, Taiwan and Spain, counties that have had 20 years of steady growth.

2007-02-14 23:53:27 · answer #2 · answered by Gatsby216 7 · 0⤊ 0⤋

Education...
Spelling?

2007-02-14 23:36:38 · answer #3 · answered by cork 7 · 0⤊ 0⤋