What Are the Differences in Economic Systems and What Is Their Impact on International Business

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The ministry of education and science of the Republic Kazakhstan University of international business Essay Theme : What are the differences in economic systems and what is their impact on international business Introduction Global economy impact real influence situation in the market because globalization makes free and liberty in the market. Globalization is a topic that includes so many different areas of our life. Companies that choose the global interaction with clients usually get very successful benefit and favorable position in the international business. Nowadays we can see that any company in the world slight or big assume or aspire extension their business in abroad for successful outcome and good connection and interaction with international customer . I think the main behoove for a international business that abide ethical standard which will can conduct result in fair trade is the following: consumers can really improve your position in the market. Today we have great technology which can helps us to make international business market economy really helps and stimulate persons in the world for creation strong and reliable relationships. Modern economy discovered a new world of opportunity such as, the Internet, telecommunications, and travel has played a major role in impacting in International business. (http://www.examiner.com/article/the-impact-of-globalization-on-our-daily-lives) Global economy of international business realizes and implants standard opens up new opportunities for importing and exporting products and services. Global economy gives the change for realization and implementation for underdeveloped nation to discovered new opportunity and challenges. Today an international language is English

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