Borderless Summery Najood 
A summary of the topic in your own words.
A borderless world refers to an open world which can bring influences upon people. It may bring about changing in their culture, beliefs, traditions and others.The word often conjures up an image of a worldwide society--no boundaries, no borders, and no barriers. Economically speaking, in a truly borderless world, financial capital, production activities, and labor would flow as easily between countries as they do within a country. Think of free trade depends on the principle of comparative advantage. According to this principle, lead producers market forces in an area that specialize in products greater efficiency, cost, or that are in the minimum and maximum profits. It imports all goods area, which will be produced by more expensive. This policy leads to greater overall global production, so that consumers receive the largest possible volume of goods at the lowest prices. http://www.ukessays.com/essays/economics/benefits-and-drawbacks-of-specialisation-and-international-trade-economics-essay.php http://www.slideshare.net/chaimoreno/borderless-world
A clear explanation of the overall impact that the issue has on international business.
International business in simple meaning of term defines the notion and is “based on the premise that as a firm, internationalization and production claims and markets are more integrated across boundaries.” (Debra Johnson, 2003, p. 221) What is the important fact to note in respect of international business can again be emphasized in respect of the idea that it generate in which it held that “globalization and internationalization increases opportunities for cross cultural contacts and also for cross-cultural misunderstandings.” (Debra Johnson, 2003, p. 198) This is true to an extent, given that international business presents many opportunities as well as risks for corporation. According to HSBC; world trade is predicted to grow by 86% in the next 15 years as global markets boost
A borderless world refers to an open world which can bring influences upon people. It may bring about changing in their culture, beliefs, traditions and others.The word often conjures up an image of a worldwide society--no boundaries, no borders, and no barriers. Economically speaking, in a truly borderless world, financial capital, production activities, and labor would flow as easily between countries as they do within a country. Think of free trade depends on the principle of comparative advantage. According to this principle, lead producers market forces in an area that specialize in products greater efficiency, cost, or that are in the minimum and maximum profits. It imports all goods area, which will be produced by more expensive. This policy leads to greater overall global production, so that consumers receive the largest possible volume of goods at the lowest prices. http://www.ukessays.com/essays/economics/benefits-and-drawbacks-of-specialisation-and-international-trade-economics-essay.php http://www.slideshare.net/chaimoreno/borderless-world
A clear explanation of the overall impact that the issue has on international business.
International business in simple meaning of term defines the notion and is “based on the premise that as a firm, internationalization and production claims and markets are more integrated across boundaries.” (Debra Johnson, 2003, p. 221) What is the important fact to note in respect of international business can again be emphasized in respect of the idea that it generate in which it held that “globalization and internationalization increases opportunities for cross cultural contacts and also for cross-cultural misunderstandings.” (Debra Johnson, 2003, p. 198) This is true to an extent, given that international business presents many opportunities as well as risks for corporation. According to HSBC; world trade is predicted to grow by 86% in the next 15 years as global markets boost