International Finance

Student: Rajab Jafar
Instructor: Elnur Huseynov
Subject: International Management
The meaning of world-wideization can be opposite to different people and different disciplines. In general globalization is the process of formation of global market in products as well as in factors of production. The elements of globalization include free action of goods and services, flow of capital, movement of labor. The experiences with globalization in different part of the world ar different. in that location is a large heterogeneity in the point in time of globalization over time and across countries and economic and geographical regions of the World.
Nowadays most regions of the world argon beneficial to globalization and integration. For example, Eastern European, middle East etc. Companies try to meld to these regions. Because, they are growth regions. Integration of companies to regions has advantages and disadvantages.
Advantages: Globalization lets countries move close-set(prenominal) to each other. There are countries which are developed and developing in these regions. Examples, there is country as Russia which is the one of the 8 developed countries in eastern Europe. There are countries as Turkey, Israel which are new industrial countries and also Kuwait, Qatar and Saudi Arabia which are rich oil countries in middle East.



Integration to these countries office getting new consumers. Because there is no famous ships company in any business sector and nourish oversize opportunities to invest in riskless sectors . And companies as BMW and Mercedes Benz are desegregation to these countries to get new consumers. They cant do it.
Disadvantages: There are also countries which Iraq, Lebanon, Azerbaijan, Armenia, Israel etc. which are in state of war condition and also located in these regions. Integration to these countries doesnt mean companies can be successful. For example, BMW has official distributer in our country, Azerbaijan. And they are doing perfectly selling in Azerbaijan. But we have conflict with Armenia...If you want to get a full essay, pose it on our website: Orderessay



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