International Business Management 1 min read
World Trade Organization
The World Trade Organization (WTO) is the single global international organization dealing with the rules related to international trade. WTO’s…
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Author: Prabhu TL.
Prabhu TL is a SenseCentral contributor covering digital products, entrepreneurship, and scalable online business systems. He focuses on turning ideas into repeatable processes—validation, positioning, marketing, and execution. His writing is known for simple frameworks, clear checklists, and real-world examples. When he’s not writing, he’s usually building new digital assets and experimenting with growth channels.
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What is International Business?
Meaning International Business conducts business transactions all over the world. These transactions include the transfer of goods, services, technology, managerial…
International Business Management 1 min read
Role of GATT in Promoting International Trade
GATT’s role was instrumental in the following aspects − ● GATT formulated standards to direct the contracting nations to take part in…
International Business Management 1 min read
GATT – Major Principles
GATT’s major principle was trade without discrimination. The participating nations opened the markets impartially to every other member. According to GATT, once…
International Business Management 1 min read
General Agreements on Tariffs & Trade
In the 18th and 19th century, almost all nations and nation-states believed that protectionism is a must for the well-being of domestic…
International Business Management 1 min read
Revolutionary Economic Trends
Liberalization and deregulation stimulated the epic run of three major areas of business − ● International trade grew at an average rate…
International Business Management 1 min read
Liberalization, Privatization, and Globalization
Due to close resemblance and similar attributes, the term LPG (Liberalization, Privatization, and Globalization) is generally used nowadays to describe…
International Business Management 1 min read
Arguments, Counterarguments, and Discussions
The advantages of liberalization and deregulation are questioned in many ways. Both of these phenomena are related with the “Washington…
International Business Management 1 min read
Liberalization Vs Deregulation
Liberalization is the process of relaxation from government control. It is a very important economic term. Technically, it means the reductions…
International Business Management 2 min read
End of Protectionism in History
Great Britain started to end the protective tariffs in the first half of the 19th century after achieving industrial leadership…
International Business Management 2 min read
Protectionism
Protectionism is a policy of protecting the domestic businesses from foreign competition by applying tariffs, import quotas, or many types of…
International Business Management 2 min read
How to Increase Customer Satisfaction with the Peak-End Rule
The psychological “peak-end rule” suggests that when people go through extended experiences in life, they tend to judge the experience…