As the growth of international trade continues, the global economy becomes ever more interconnected. Countries around the world depend upon each other for the exchange of goods and services.
This interdependency helps each nation grow by establishing new streams of revenue in the private sector:
- more companies enter or expand into new international markets
- more businesses develop new technologies due to competitive forces
- develop more employment opportunities in the territories in which they decide to do business.
This trend for growth in the global market place has created a tremendous opportunity for businesses of all sizes. Small, medium and large-size businesses are all active participants in this growth, regardless of their offerings in the manufacturing and service industry. Companies that do not participate in the global economy run the risk of being shut out of an ever increasing market that will eventually produce more competition in the U.S.