What is the differences between international business and domes
2025-01-20英语经贸知识(00834)
What is the differences between international business and domestic business?
【正确答案】：International business involves more factors and thus is more complicated than domestic business. The followings are some major
differences between the two：
（1）The countries involved often have different legal systems, and one or more parties will have to adjust themselves to operate in
compliance with the foreign law.
（2）Different counties usually use different currencies and the parties concerned will have to decide which currency to use and do
everything necessary as regards convertion etc. Uncertainties and even risks are often involved in the use of a foreign currency.
（3）Cultural differences including language, customs, traditions, religion, value, behavior etc. often constitute challenges
and even traps for people engaged in international business.
（4）Countries vary in natural and economic conditions4 and may have different policies towards foreign trade and investment, making international business more complex than domestic business.
【题目解析】：参见教材P3.4。
【正确答案】：International business involves more factors and thus is more complicated than domestic business. The followings are some major
differences between the two：
（1）The countries involved often have different legal systems, and one or more parties will have to adjust themselves to operate in
compliance with the foreign law.
（2）Different counties usually use different currencies and the parties concerned will have to decide which currency to use and do
everything necessary as regards convertion etc. Uncertainties and even risks are often involved in the use of a foreign currency.
（3）Cultural differences including language, customs, traditions, religion, value, behavior etc. often constitute challenges
and even traps for people engaged in international business.
（4）Countries vary in natural and economic conditions4 and may have different policies towards foreign trade and investment, making international business more complex than domestic business.
【题目解析】：参见教材P3.4。
