In terms of the international business activities market, globalization can play the role of a driver and consequence of firm-level internationalization.
Any firm that works over international borders is referred to as an international business. It consists primarily of international trade in commodities and services. However, there are further types of global commerce. Geographically, a global market lies outside the national borders of the country where a company is based. A firm is often a citizen of the nation in which it is organized, to the degree that it is a separate legal entity like a corporation.
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