Knowledge Central

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The Long-Term Effects of Globalization

Globalization offers many benefits for businesses. The larger international market offers massive opportunities, an increased client base and the potential for impressive revenue gains. Clearly, when a company is slow to adopt globalization it can eventually damage their market share. If one company doesn’t explore global expansion, another certainly will. They’ll be the first to […]

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Effects of Trade Wars

The effects of trade wars reach far beyond markets and trade. They create uncertainty and affect investment confidence. Hence, the US-China trade war not only impacts these countries, but the health and integrity of the entire global system. How the Trade War Escalated In 2018, President Trump instituted tariffs and trade barriers to compensate for […]

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Doing Business 2019: Behind the Numbers

Doing business within a particular region can be a very positive, profitable experience. Alternatively, it can be fraught with lengthy, profit-eating procedures and complex business regulations when you choose the wrong foreign location. This is why the World Bank’s Doing Business 2019 rankings receive so much attention annually. Their study objectively measures how easily a […]

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Tips For International Business Travel

International business travel is more important than ever. Even though the digital age has made it easier to collaborate with others, human contact still counts. In-person meetings increase rapport, facilitate cooperation and enhance bonds. The ROI on business travel is also very strong. Oxford Economics USA reports companies realize $12.50 in incremental revenue for every […]

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Factors to Consider When Deciding on an International Expansion Location

International expansion can help your business generate more revenue and gain market exposure. However, your success depends on choosing the ideal international expansion location. With so many countries available for international business expansion, how do you know which offer the best opportunities? Companies should consider the following factors when developing their business expansion strategy.  Business […]

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Consider Doing Business in America? The United States and Canada is the 2nd Largest Economic Region Globally

The United States (U.S.) and Canada generated a combined GDP of $20.234 trillion, second only to East Asia globally. However, this number grew a modest 1.58% in 2016. According to OECD data, the U.S. forecasts growth of 2.14% in 2017 and 2.38% in 2018, while Canada forecasts 2.83% and 2.34% respectively. In 2016, the U.S. accounted […]

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Benefits of Starting a Business Overseas

As the world economies become increasingly inter-connected, benefits of a company starting a business overseas are significant. Companies have recognized the need and opportunity to expand their product and services offering beyond their domestic shores. Through advancement in technologies, communication, and transportation infrastructure, it is now possible to overcome constraints that once limited global expansion. Some of […]

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As Australia and New Zealand Go, so Goes Oceania

For purposes of this article, Australia, New Zealand plus the Pacific Islands combine to form the economic region known as Oceania. From a practical standpoint, only Australia and New Zealand are looked at seriously by global investors. The Pacific Islands are small in size with limited natural resources, narrowly-based economies, large distances to major markets, […]

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East Asia is the World’s Largest Economy at $29.6 Trillion USD, Including 4 of the Top 25 Countries Globally

East Asia contains the following countries: China, Hong Kong, Japan, Macau, South Korea and Taiwan. Since the late 1970s, China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role. China accounts for 71.36% of East Asia’s GDP. According to the World Bank, “China has implemented reforms in a gradualist fashion, resulting […]

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Did you Know GDP for ASEAN Countries Totals $7.4 trillion USD? Opportunity Abounds for Global Investors

The Association of South East Asian Nations (ASEAN) closed 2017 with a GDP of approximately 2.76 trillion USD. How many of our readers would have guessed the ASEAN economy is so substantial. You may also be interested to know that ASEAN population (642.7 million) is almost double that of the US. Indonesia alone reported a […]

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Global Business Expansion: What Does it Take?

With the ever-increasing scientific and technological developments, reduction in communication barriers and increase in global consumer demand, the importance and requirement of globalization for any growing organization is undeniably evident. Global market expansion for any organization refers to the expansion in its activities on a global scale, outside its home country through foreign investment. The idea is […]

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Emerging Trends in International Business for 2019

In order for any international business to maintain its customer acquisition rate, and to progress in general, it must follow trends and adapt to new situations. There are new gadgets, online tools, apps, and platforms that help businesses around the world alter their approach, cut costs, and also advertise. Being up to date helps you […]

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