What are the limitations of international business?

1.	What are the limitations of international business?
Answer» 1. Economic Dependence : International trade is more likely to make the country too much dependent on imports from foreign countries. 2. Inhibition of Growth of Home Industries : International business may discourage the growth of indigenous industry. 3. Import of Harmful Goods : International business may lead to import of luxurious goods, spurious goods, dangerous goods, etc. It may harm the well – being of people.

Answer»

1. Economic Dependence : International trade is more likely to make the country too much dependent on imports from foreign countries.

2. Inhibition of Growth of Home Industries : International business may discourage the growth of indigenous industry.

3. Import of Harmful Goods : International business may lead to import of luxurious goods, spurious goods, dangerous goods, etc. It may harm the well – being of people.

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What are the limitations of international business?

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