international business

Commerce across national borders

International business refers to commercial activities that cross national borders—trade, investment, and operations conducted between countries or by companies in multiple nations.

The term covers everything from importing and exporting to multinational corporations managing subsidiaries abroad: She studied international business to prepare for a career in global finance.

As an academic field, it examines how cultural, legal, and economic differences affect commerce across borders.

Opposites
geographic scope

international businessdomestic trade

Commerce within national boundaries

local commerce · neighborhood business · home market · local trade

organizational scale

international businesssmall business

Modest independent commercial venture

sole proprietorship · cottage industry · family business · home-based business

economic sector

international businesssubsistence economy

System without market surplus

barter economy · cottage industry · public sector · government service · self-employment

Family

business, businessman, international, nationwide, businesslike, businesses, businesswoman, businessperson, multinational

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G