also affects governments, business and society. In addition, globalization can influence transactional relationships (Paliwoda,﹠Slater, 2009, p.374) and bring more tight connection between countries (Zhou, 2010, p.1619). Therefore, international business, which as a consequence of globalization, has also grown dramatically for promoting the development of global economy. Therefore, international business activities can be divided by international trade and international investment. Trade is the…
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