International Business and Terrorism in 21st Century Essay

International Business and terrorist act in 21st Century - Essay ExampleThe incident of 9/11 which is the result of terrorism has changed the base of the present century and brought us to question what effects contract itcaused Of course there sustain been numerous of negative and positive outcomes of 9/11 incident related to every day deportment such as difficulty for immigrants of different countries, but more serious affects basin be seen in the international business sector, the effects are as same as damaging the base or foundation of a building which would change the blameless structure, this exactly what happened in the world as the twin towers fell. The economies of various countries provoke gone down, as the immediate reaction after the fuss was to put restrictions on the imports and making import substitution (promoting the products made by local companies rather than using exported ones) in fall in States which eventually resulted in loss of multinational companies who were previously making a lot of profitability, this was however judge that United States would it self not stop exporting as they had to rely a lot on to it, after the incident of WTC the inflation took place severely and suddenly and so many sassy sorts of policies were also formed which resulted in bankruptcy, loss and poor financial management of different sizable firms in the United States. In the present discussion I am going to put some escape on all the related things happening to businesses and terrorists.President Bush has also paid billions to the United Nations to have a rouse against terrorism, which is automatically ensuring us that a lot of money is being wasted in ending such operations, this has caused a lot of disturbance in the economy and it has turned the reaction into a chain, which means that a series of event happened to pursue the objective of eliminating terrorism, business is also one major part of it as country survives on business with other cou ntries, United Nations has the power to accomplish the boot of eliminating terrorism as it can bring in other countries to give out with United States as well. We can also say that because of the International Relations, the UN can more impressively bring in other countries to work closely with United States. The government of United States is also welcoming any such offers from the other countries ensuring their willingness to fight against terrorism. However there can be arguments that the money was not wasted as I mentioned precedent that if some action would not have been taken than the terrorists might have kicked us out of our homes, this entire expenditure has ensured us a much secured place to live which was not possible if the terrorists would not have been stopped.Today people dont realize that there is indemnity for foreign investors against losses generated by political or social causes in all the countries where operations have taken place, there is insurance agains t war misuse or acts of terrorism, which means that the claims would be reached in trillions and it would be very difficult for the US based insurance companies to pay for the amount which they are sued for, it has generated some serious misunderstanding between the two of these parties,