Question

The recent expansion of technology has contributed to the growth of international business.

28 Oct 2017
Answer :
Word Count : 406

The recent expansion of technology has indeed significantly contributed to the growth of international business. This expansion is often referred to as the "digital revolution" and has had several key impacts on the international business environment:

1. Global Connectivity: Technology, particularly the internet, has connected people and businesses across the globe. This connectivity has made it easier for companies to reach international markets and for consumers to access products and services from around the world. This globalization of markets has opened up new opportunities for international trade.

2. E-commerce: The rise of e-commerce platforms and digital payment systems has facilitated cross-border trade. Businesses can now set up online stores and reach customers in different countries, enabling them to tap into a global customer base without the need for a physical

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