Emerging Trends in International Business

This research paper focuses on the current and emerging trends in international business. The globalization of economies and businesses has resulted in a more complex and interdependent world. Businesses are now operating in a global marketplace where they must be able to compete against firms from all over the globe. In order to survive and prosper in this new environment, businesses must be aware of the latest trends in international business.

The trend of rising protectionism is one that is having a major impact on international business. With the election of Donald Trump as President of the United States, there has been a significant increase in protectionist rhetoric and policy proposals. This has led to increased uncertainty for businesses operating in global markets.

Another trend that is affecting international business is the rise of China as a major economic power. China's economic growth has been unprecedented over the past few decades and it is now a major player in the global economy. This has had a major impact on businesses operating in China as well as those doing business with China.

The trend of digitalization is also having a major impact on international business. The rise of the internet and mobile technologies has made it easier for businesses to operate in global markets. Businesses can now reach consumers all over the world with the click of a button. This has led to increased competition in many industries and has made it necessary for businesses to have a strong online presence.

The above trends are just some of the major changes that are taking place in the world of international business. To be successful, businesses must be aware of these changes and adapt their strategies accordingly. Those that do not adapt will likely find themselves at a disadvantage in the global marketplace.