Introduction-----------------------------------------------------2
Main body---------------------------------------------------------3
The definition of International trade------------------------3
The reason of International trade----------------------------3
The importance of international trade---------------------3
Economic integration and global markets to UK business organizations-----------------------------------------4
The impact of two policies of the European Union on UK business organizations------------------------------------5
The impact of fiscal policies on the UK business------------5
The impact of monetary policy on the UK business---------6
The economic implications for the UK of entry into EMU--------------------------------------------------------------------6
Conclusion-------------------------------------------------------8
References-------------------------------------------------------9
Introduction
With the increase of the countries of the European Union, the European Union (EU), the European monetary Union (EMU), international trade, globalization, economic integration and global markets, and these nouns has come up in the line of sight of people.
The report mainly analysis the international trade, the reason of international trade, the importance of international trade, economic integration and global markets to UK business organizations, the fiscal policy and monetary policy of the European Union on UK business organizations, and the economic implications for the UK of entry into EMU.
Main body
The definition of International trade
International trade is the exchange of goods and services between countries. An import is the UK purchase of a good or service made overseas. An export is the sale of a UK-made good or service made overseas. (BPP, 2011)
In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history
References: Course Book on Business Essentials (2007), Business Environment, BPP Learning Media Ltd, United Kingdom “The Importance of International Trade”, (n d), (hubpages.com), “TREATY ON EUROPEAN UNION”, (29 July 1992), (europa.eu), Available: http://eur-lex.europa.eu/en/treaties/dat/11992M/htm/11992M.html