by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is an Expatriate?An expatriate, or Ex-Pat, refers to an individual residing in a country different from his or her country of citizenship, usually temporarily and for the purpose of work. An expatriate can also be someone who relinquished citizenship in their...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Temporal Method?The temporal method, often referred to as the temporal rate method, the historical method, and the historical rate method, is a method of foreign currency translation. It uses exchange rates based on the time of acquisition of assets and...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is Globalization?Globalization is the spread or expansion of a company or its business activities across countries or national borders. What is Globalization in Economics? In economics, globalization refers to the affiliation between nations resulting from access...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Calvo Doctrine?In international law, the Calvo Doctrine is a policy that guides or regulates the jurisdiction of governments in international disputes and treaties. Notably, the Calvo Doctrine or Calvo Clause prohibits the use of force in collection of...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Spillover Effect?The spillover effect refers to the effect of a purportedly unrelated event in one context on another event in the other context. Also, a spillover effect can be described as the impact of a primary action on a secondary action even though...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Central American Common Market (CACM)?The Central American Common Market (CACM), or the Spanish Mercado Comun Centroamericano (MCCA), is an association of five Central American countries which was initially formed to aid regional economic growth via free...
