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book International Logistics 3rd Edition by Pierre David,Richard Stewart cover

International Logistics 3rd Edition by Pierre David,Richard Stewart

Edition 3ISBN: 978-1111464981
book International Logistics 3rd Edition by Pierre David,Richard Stewart cover

International Logistics 3rd Edition by Pierre David,Richard Stewart

Edition 3ISBN: 978-1111464981
Exercise 1
Given the total volume and importance of international trade and international exchanges, describe the implications to someone's career in business, and to your education in particular.
Explanation
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In pursuing a career in business, it is vital that one possess a basic understanding of global trade and commerce. Every business is affected by global trade, even though it may be domestic or local based business. Goods and services can now be imported or exported to meet local demands, and various international exchanges via global institutions and transnational corporations now make such transactions possible. Also local/ domestic small business must also compete with other businesses operating within the same regions that have international reaches. Domestic currency is also affected by global trade.
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International Logistics 3rd Edition by Pierre David,Richard Stewart
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