Topic > International Business in Mujunga, Madagascar - 1367

Have you wondered about Majunga, Madagascar? In this essay you will be given information about international affairs, global economy, political and legal factors, and economic factors in Majunga, Madagascar. What is international business? International business includes all commercial transactions. Some of these transactions include; private and government, sales, investments, logistics and transportation. It includes all transactions that take place between two or more regions, countries and nations across their political borders. It refers to all those commercial activities that involve cross-border transactions of goods, services and resources between two nations. International business operations are much more complex than those undertaken domestically. There are many differences between running an international business and running a domestic business. Some of the reasons that make running an international business more complex include differences in cultural, economic, social and political environments. Many domestic companies are hesitant to transform their companies into international companies because of all the differences. Domestic and international businesses also differ in terms of risks and political systems. Business activity is strongly influenced by the type of government, political ideology, political party system and political risks. However, this is not a big problem when it comes to domestic business but not in the international market. The political environment has a great implication in international business because foreign countries most likely favor their own products and services. Business operations vary due to company policies and regulations. Each country has... half the paper... the monetary value of an economy's exports and imports over a certain period of time. Madagascar recorded a trade surplus of 35,708 billion MGA in June 2013. From 2008 to 2013, Madagascar recorded an average of -281,735.0 million MGA, reaching an all-time high of 35,708.0 million MGA in June 2013 .It reached an all-time low of -696,114.0 million MGA in June. of 2009. Madagascar's systematic trade deficit is due to the country's dependence on imports of fuel and capital goods. In conclusion, Madagascar is a very large country and is full of interesting and diverse traditions. It would be a great place to visit or travel to. In this essay there was information about international affairs in Mujunga, Madagascar. Some of this information included political and legal factors, the global economy, and some cultural facts about Madagascar. Madagascar is a very interesting country.