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An example of international business is when a company conducts its commercial activities across national borders, involving the exchange of goods, services, or investments with entities in other countries. Here's an example:
Company X, headquartered in the United States, manufactures high-end smartphones and wants to expand its market globally. To do so, it engages in international business activities, such as:
In this example, Company X's activities in multiple countries illustrate international business operations, as they involve various aspects such as trade, investment, and adaptation to different markets, regulatory environments, and consumer behaviors.
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