There are a number of key factors that need to be considered when doing a research of a business location more so in the international markets. These key factors include legal framework, industry specifity, startup friendly environment and the political setting. Any business needs to overcome the administrative hurdles of...

Balance of payments (or international balance of payments) is defined as a monetary difference between all transactions that have been executed between the residents of the country with all non-residents. There are four types of international transactions which are accounted in the balance of payments. They are 1) exchange of...

The End of History and the Last Man is a well-known book written by Francis Fukuyama. At first, the author started with the essay ‘The End of History’ which later transformed into one of the most discussed books in the international affairs. The key argument of the book is that...

Transborder lives are becoming increasingly common as the definition of state lines becomes blurred and those same lives become easier to cross (Smith, 2006). The idea of transnationalism is not a new one, and refers to the several million people that exist within and between two different states. These individuals...

International business has always sparked interesting regulations and trade barriers as is the case with Cuba (Lamrani, 2013). Cuba attained global recognition in 1990 for governmental revenues originating from sugar exports. However, after the collapse of this major industry, the island had to make extreme changes to survive challenges resulting...