Global business contains transactions developed and implemented across international borders to meet objectives of those with a vested interest. The primary transactions are import, export and foreign direct investment (FDI). FDI is organizations taking part in a joint venture, licensing or franchising. There are many factors to be considered when conducting international business. To do this correctly, an analysis must be performed. I will define regional integration as well as discuss its role in promoting …showed first 75 words of 1604 total…

…showed last 75 words of 1604 total…move towards greater economic integration, emphasizing sustainable and equitable growth. ASEAN will foster a caring and unified community, whose strength comes from encouraging a common identity and sharing the future vision. References: ASEAN (2005). Retrieved May 5, 2006 from website: www.aseansec.org Hill, C. (2005). International Business: Competing in the Global Marketplace (5th ed.). New York: McGraw-Hill. Retrieved May 4, 2006, from University of Phoenix, rEsource, MGT/448 - Global Business Strategies at https://mycampus.phoenix.edu/secure/resource/resource.asp