In 1960s multinational companies came into existence focusing on interest of general public. Gradually there was a change observed in the trade patter when the multinational enterprises turn into factual multinational as the countries like Western and East Asian firms broadened in global market and also at the same time new cross countrywide strategic relationship of the businesses appeared (Jones and Geoffrey, 1996). The time of pre-World Battle II indicates the original stage of capital movement of European countries. You will discover three significant stages of International Business i. e. U. S and U. K dominated the global market during 1940's to 1960's, later the dominance of UK and U. S no more remained the same when the continental Europe and Japan came into existence.
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