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Introduction
International trade shapes our everyday lives and the world in which we live . Whether we realize it or not , nearly every time we make a purchase we are participating in the Global Economy . Products and parts of products come to our store shelves from all over the world .
As its volume has increased , trade has become more important to the economic well-being of many countries . For example , in the early 1960s , the United States bought less than $ 1 billion of foreign cars and parts . By the late 1980s , this figure had increased to more than $ 85 billion . During the same period , financial ties between the United States and the rest of the world also increased significantly . The number of foreign banking offices operating in the United States rose from fewer than 40 to more than 800 , and the amount of money foreigners invested in U . S . companies , assets and real estate-called direct foreign investment-was 20 times greater in 1990 than in 1970 . Gross transactions of longterm U . S . government securities by foreigners rose from $ 144 billion in 1978 to $ 5.6 trillion in 1991 . Since 1950 , the costs of international transportation and communication have been drastically reduced , making it easier to conduct business across borders . The economies of many countries have become more closely tied together than ever before . As its volume has increase , trade has become more important to the economic well-being of many countries .
The purpose of this White Paper is to educate and inform Level A and B executive decision makers who are seeking to expand into Global Markets . The timing and implementation of a global move into
International Markets renders business opportunities that have never existed before .
We seek to present a logical and impassionate call to arms for the case of helping your company to realize considerable profits when you consider a prompt move towards “ internationalization .” We sincerely hope that you will consider the prospect of reaping the unquestioned benefits of international trade ; and will embrace the challenge of developing a strategy for entry into international markets .
Raj Luhar Chief Executive Officer Globex Holdings , Inc .