. When
a bottle of
Spanish
wine
appears
on
a London
table,
the sequence
of events
that
brought
it
there
is
not
very
different
from
the
sequence
that
brings
a
California
bottle
to
a table
in New York-
and
the distance
traveled
is
much less!
Yet,
international economies
involve new
and
different concerns
, because
international trade
and
investment
occur
between
independent
nations.