What is the meaning of international business?

International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. To conduct business overseas, multinational companies need to bridge separate national markets into one global marketplace. IILM Undergr

International Business conducts business transactions all over the world. These transactions include the transfer of goods, services, technology, managerial knowledge, and capital to other countries. International business involves exports and imports.