International Business Across Borders

Running head: INTERNATIONAL BUSINESS ACROSS BORDERS
International Business Across Borders
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1INTERNATIONAL BUSINESS ACROSS BORDERS
Executive Summary
The discourse of the study has stated on various aspects of political, economics, socio-cultural
and technological influences/benefits of the country. In addition to this, the national resource and
factor endowments which creates competitive advantage has been also discussed in the report.
Some of the different types of the other discussions include the Foreign currency and exchange
influences in Republic of Bulgaria. The latter part of thee study has included the existing level of
foreign direct investment. The main findings of the analysis have stated that the present political
system of the country has been further seen to be based on the adoption of “democratic
constitution in 1991”. It has been further considered as “unitary parliamentary republic” with a
high degree of the “political, administrative, and economic centralisation”. The significant
learnings on the National resource and factor endowments which creates competitive advantage
is identified with agriculture. The national resource of the country is depicted with “The
Bulgarian Academy of Sciences (BAS)” which is considered as a leading scientific establishment
for the Bulgarian researchers. In addition to this, the Chronic underinvestment in the research has
been seen with the creating competitive advantages in the country. Existing level of foreign
direct investment in the country surpassed by 45.90 EUR Million in February 2018. The average
FDI is averaged with 182.58 EUR Million from 1996 to 2018 which is recognised with an “all
time high of 1018.40 EUR Million in December of 2007 and a record low of -414 EUR Million
in September of 2010”. The improving initiatives are associated to the opportunities for the
entrepreneurs has been also regarded as an important factor for the emphasising on the start-up
calls during several instances of bankruptcy.

2INTERNATIONAL BUSINESS ACROSS BORDERS
Table of Contents
Introduction......................................................................................................................................3
General overview of the country.....................................................................................................3
Political, Economics, Socio-cultural and technological influences/benefits...................................3
National resource and factor endowments which creates competitive advantage...........................4
Foreign currency and exchange influences......................................................................................4
Existing trade policies, systems, barrier and incentives..................................................................5
Existing level of foreign direct investment......................................................................................5
Summary and recommendation based on the assessment...............................................................6
Conclusion.......................................................................................................................................6
References........................................................................................................................................8