What does international business mean?

International business is a transnational activity, which is the international transfer of goods, services, capital, technology and information between different countries. Including any form of transnational business activities, it is the general name of transnational business activities, the main body is import and export trade and international investment, including leasing, franchising and management contracts.

Forms of international business

1, international commodity trade

International commodity trade is the export and import of goods. Trade is usually the first step for an enterprise to engage in international trade. As far as export is concerned, it includes direct export and indirect export.

2. International trade in services

International service trade refers to the sale or purchase of services between countries. Meet the needs of others and obtain foreign exchange income in the form of providing living services, such as international transportation, travel, tourism, labor export, overseas services, etc. In addition, services such as financial insurance, leasing, engineering, consulting and management are also important contents of international business.

According to the classification of the World Trade Organization (WTO), international service trade is divided into 65,438+02 categories and 65,438+055 items, including commerce, communication, construction and engineering, sales, education, environment, finance, health and society, tourism, culture and sports, transportation and so on.

3, international technology licensing and franchising

International technology licensing and franchising refers to the right to use intangible assets such as patents, trademarks and technical secrets granted to foreign companies within a certain period of time according to the agreement.

4. International indirect investment

International indirect investment, namely securities investment, refers to the purchase of listed stocks of foreign companies or bonds issued by foreign companies and governments.