Skip to main content
Business LibreTexts

11: Competing in the Global Marketplace

  • Page ID
    54654
  • \( \newcommand{\vecs}[1]{\overset { \scriptstyle \rightharpoonup} {\mathbf{#1}} } \) \( \newcommand{\vecd}[1]{\overset{-\!-\!\rightharpoonup}{\vphantom{a}\smash {#1}}} \)\(\newcommand{\id}{\mathrm{id}}\) \( \newcommand{\Span}{\mathrm{span}}\) \( \newcommand{\kernel}{\mathrm{null}\,}\) \( \newcommand{\range}{\mathrm{range}\,}\) \( \newcommand{\RealPart}{\mathrm{Re}}\) \( \newcommand{\ImaginaryPart}{\mathrm{Im}}\) \( \newcommand{\Argument}{\mathrm{Arg}}\) \( \newcommand{\norm}[1]{\| #1 \|}\) \( \newcommand{\inner}[2]{\langle #1, #2 \rangle}\) \( \newcommand{\Span}{\mathrm{span}}\) \(\newcommand{\id}{\mathrm{id}}\) \( \newcommand{\Span}{\mathrm{span}}\) \( \newcommand{\kernel}{\mathrm{null}\,}\) \( \newcommand{\range}{\mathrm{range}\,}\) \( \newcommand{\RealPart}{\mathrm{Re}}\) \( \newcommand{\ImaginaryPart}{\mathrm{Im}}\) \( \newcommand{\Argument}{\mathrm{Arg}}\) \( \newcommand{\norm}[1]{\| #1 \|}\) \( \newcommand{\inner}[2]{\langle #1, #2 \rangle}\) \( \newcommand{\Span}{\mathrm{span}}\)

    Learning Objectives

    After reading this chapter, you should be able to answer these questions:

    1. Why is global trade important to the United States, and how is it measured?
    2. Why do nations trade?
    3. What are the barriers to international trade?
    4. How do governments and institutions foster world trade?
    5. What are international economic communities?
    6. How do companies enter the global marketplace?
    7. What threats and opportunities exist in the global marketplace?
    8. What are the advantages of multinational corporations?
    9. What are the trends in the global marketplace?


    11: Competing in the Global Marketplace is shared under a CC BY 4.0 license and was authored, remixed, and/or curated by OpenStax via source content that was edited to conform to the style and standards of the LibreTexts platform; a detailed edit history is available upon request.