International Business (IB)
Domestic Business
A domestic business is a business that makes all of its transactions within the same country from where its based/where they're from.
Business
Ways for a business to be considered an International Business
Having a retail or distribution business in another country, or a manufacturing plant in another country. Importing and exporting between countries also makes it an International business.
Transaction
An exchange of a good or service, in exchange for money.
Market
A Market is where producers and consumers meet and trade, this could a physical market for foods, items etc. Or a digital one i.e, stocks, crypto, bitcoin.
International Business
The economic transactions between countries.