Question

Please explain in detail

What are the differences between international business and international trade?

Answer 1

Difference between international trade and business

Sr. No.	International Trade	International Business
1	International trade means movements of goods only.	All the business transaction between two or more countries is known as international business.
2.	It is a narrow term.	It is a broader term. International trade is also a part of international business.
3.	It deals with movement of goods and all the deals are done in terms of foreign currency.	It includes all the part of international institute of management.

These are some of the important point.

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