T1.Developed countries such as the U.S., Japan and Western European countries are still dominating the international business sector (trade, direct investment ect.) and the vast majority of the large enterprises in those countries are multinational in character.
2.Many small and medium sized firms are also involved in international business transactions.
3.Public policy issues often relate to international trade, investment and finance.
4.Today, international financial markets are increasingly behaving as a single market.