An MBA in International Business can lead to a variety of positions within businesses and organizations that operate on an international scale. Why International Trade is Important for Growing Your Business What is International Trade? International business is all business transactions-private and governmental-that involve two or more countries. The importance of international business is greater than ever as companies around the world become better connected. Why Is English For Business Important? International trade is an exchange of capital, goods and services across the world which could include individuals and government. Exports boost the economic development of a country, raise living standards and reduce poverty. Why Knowing a Foreign Language is So Important in Business. English has fast become the most widely used language in the world of trade and commerce over the past decade or two. But, for most people, the answer to the question “why study business?” is best answered by reference to possible careers with a business degree. In today’s interconnected society, it's important to have a good understanding of business and why it matters. To conclude, the important dimension of cultural variation has been uncovered by Hofstede. A vibrant international trade environment benefits all parties. All of these companies were founded in America, but have since expanded to other areas of the world. Countries with high levels of international trade have stronger and more stable economies, better standards of living and steadier growth. Through global business, businesses can access new markets and customers. Global business knowledge portal connecting international business professionals to a wealth of information, insights, and learning resources on global business activities. To conclude it is now undisputable that export business contributes to the national economy, national exchequer, individual exporting firms and maintains international, economic cultural and political relations among various countries. As a result, having an excellent knowledge of English for business has become vital for success in any employee’s career. In today’s interconnected society, it's important to have a good understanding of business and why it matters. The moderating effect of international experience and product adaptation. This helps to earn valuable foreign exchange. With markets being saturated, many companies think of expansion. Every industry relies on business principles to survive and thrive.