Contents

Introduction 2

1st Section – Future challenges in the global business environments 2

Cultural and political or legal 2

Cultural challenge 2

Political challenge 2

Economic 3

Technological 3

Competitive 4

Demographic 5

2nd section – Theories of International Trade 5

International Product Lifecycle 6

National Competitive Advantage 7

3rd Section – Foreign Direct Investment 8

4th Section – Manipulation for the competitive advantages 9

International financial markets 9

International monetary system 9

References 10