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Essay / Research Paper Abstract
A 24 page paper. Historically, war, upset, and terrorism interrupts international business and nations tend to isolate themselves for protections. The terrorist attacks on America and the ongoing war against terrorism, however, found countries trying to promote more trade rather than less. This essay provides an introductory overview; a discussion of globalization, i.e., international business with theories regarding the positive effects of international trade; import and export data between the United States and different countries in the Middle East for two years; examples of the effects of the attacks on specific businesses; how the extra costs and surcharges for security have affected trade; and a concluding discussion. Data included. 2 Tables included. Bibliography lists 12 sources.
24 pages (~225 words per page)
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times. The early 1900s hosted an economy that was in some respects, even more global than this latest one (Useem, 2001). Free trade was abundant; individuals could order just about
any item he wanted from most places in the world (Useem, 2001). People could travel from one country to another freely, without passports or visas (Useem, 2001). One writer
said: The projects and politics of militarism and imperialism, of racial and cultural rivalries ... appeared to exercise almost no influence at all on the ordinary course of social and
economic life, the internationalization of which was nearly complete in practice" (Useem, 2001, p. 38). Another writer asserted that "economic independence was making war obsolete" (Useem, 2001, p. 38). Of
course, that world ended in 1914 with the advent of World War I and then the Great Depression and World War II happened. The results were tightening of borders, isolationism,
high import tariffs and it would be decades before international global business once again flourished, even reaching theta levels that were common in 1913 (Useem, 2001). Economists, politicians and others
believed the world had once again reached a level of maturity and development that globalization, much freer trade, foreign direct investments in other nations, lower tariffs - all were happening
again. They believed that free trade was a fact worldwide (Useem, 2001). But, then, September 11 happened, throwing the world into a state of upset, concern and anxiety regarding all
aspects of international business (Useem, 2001). Borders were once again more difficult to pass. The lines at the customs checkpoints between the U.S. and Mexico and the checkpoints between the
U.S. and Canada were miles long. Shipments from any point in the world were delayed not by just hours but by weeks, in some cases. Shortly after the attack,