Globalization and Domestic Business in Australia

Running Head: GLOBAL BUSINESS 0 GLOBAL BUSINESS 2 Global Business REPORT Student 7/25/2019 Contents Question1: 2 About Globalization 2 Impacts of globalization on domestic business in Australia 2 Positive and Negative impacts of Globalization on the domestic Business 3 Question 2: 5 Factors Proportion Theory 5 Limitations 6 International Product Cycle theory 7 Limitations 8 Question 3: Trade War between USA and China 9 Bibliography 11 Question1: About Globalization Globalization promotes cross-cultural communication on the international scale and removes economic disparities by the integrating laws of nations,