International Affairs1. International trade is a transaction between two or more countries and is primarily based in a single country, but acquires a significant portion of its resources or revenue (or both) from other countries. It represents a growing and significant share of total world trade. Although this is riskier and more expensive, it allows for a greater variety of products and services at lower prices. Domestic trade is a transaction within the country of origin; it acquires all of its resources and sales, as well as all of its products or services, from a single country. A well-functioning national economy will enable international trade to function properly. The difference between international trade and domestic trade is that when international trade takes place, it affects a variety of components such as profits, employment, wages and security. These important aspects are sometimes negatively impacted and affect the citizens of the country of origin. On the other hand, domestic companies generate jobs and promote economic security. According to Daniels, Radebaugh, and Sullivan, most companies engage in international business activities to increase sales, acquire resources, and minimize risks. When a company wants to increase its sales, it also expands its competitive domain. The company goes beyond the boundaries of its origin to maximize its profits and also use them as a balancing factor. For example, if sales are down domestically and up internationally, the company will not lose. They actually create a competitive advantage for companies that limit themselves to their domestic operations. There are policies and regulations regarding goods shipped internationally. Committing to a domestic bus... middle of paper ...... hey, that's engaging. Communication is a means of expressing thoughts and ideas that are transmitted verbally or nonverbally. Most countries have a different language, dialect and linguistic interpretation. Sometimes having a translator is not enough to coherently convey the original meaning. Some words translated into another language may mean something completely different from what the author meant. There are also signs, symbols and colors that send a “silent language” that can trigger an association with one’s culture. So, when companies enter a foreign market, they need to know and understand the verbal and non-verbal cues while promoting their product. Overall, once adjustments are made and communication accurately expressed, conducting international business should lead to the possibility of a successful business relationship..