NavigationNavigationInternationalBusiness: Advantagesand DisadvantagesArticle Shared by Saqib ShaikhADVERTISEMENTS:Let us make an in-depth study ofInternational business:-1. Advantages of International business2. Disadvantages of Internationalbusiness.Advantages of International Business:The advantages of internationalbusiness are as follows:ADVERTISEMENTS:1. A Country can Consume those Goodswhich it cannot Produce:Commodities produced in India can be foundin England and vice-versa. This helps Englandto enjoy those goods which he cannot producein his country.
2. The Productive Resources of theWorld are Utilised to the BestAdvantage of the Country:Every country expects highest return from itsresources and this lead to fall in price andbetter goods for consumption.ADVERTISEMENTS:3. Heavy Price Fluctuations areControlled:If the price of any commodity goes up, thegoods can be imported from abroad and itsprice can be brought down.4. Shortages in Times of Famine andScarcity can be met from Imports fromOther Countries: