There is an old expression, which says "no one is an island". This means that none of us can live or lives without being effected by or affecting other people. So it is with business-no manager can operate business by completely ignoring the rest of the community. International business is a transaction between different countries. It acquires a large portion of the continuously growing business of the world. Having a chance of various risks, international business allows products and services to be used at lower prices as labor is very cheap in the third country areas as compared to Europe and America. Most of the foreign countries have their products made in these countries and then are shipped abroad for sale.The rapid increase in economy is one of the reasons for the vast growth of international business.