International Business_ Advantages and Disadvantages copy.pdf

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International
Business: Advantages
and Disadvantages
Article Shared by Saqib Shaikh
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Let us make an in-depth study of
International business:-
1. Advantages of International business
2. Disadvantages of International
business.
Advantages of International Business:
The advantages of international
business are as follows:
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1. A Country can Consume those Goods
which it cannot Produce:
Commodities produced in India can be found
in England and vice-versa. This helps England
to enjoy those goods which he cannot produce
in his country.

2. The Productive Resources of the
World are Utilised to the Best
Advantage of the Country:
Every country expects highest return from its
resources and this lead to fall in price and
better goods for consumption.
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3. Heavy Price Fluctuations are
Controlled:
If the price of any commodity goes up, the
goods can be imported from abroad and its
price can be brought down.
4. Shortages in Times of Famine and
Scarcity can be met from Imports from
Other Countries: