Effects of Trade Tariffs on International Business

Abstract

All commercial activities that facilitate the flow of products, services, people, ideas, and technologies across national borders are included in the category of international commerce. International business can take many different forms. It can involve the movement of goods between nations (exporting, importing, trading), contractual arrangements that permit foreign companies to utilize goods, services, and processes from other countries (franchising, licensing), and the establishment and management of manufacturing, sales, R&D, and distribution facilities abroad. This paper will talk about. Trade tariffs and their effects on global trade.