Define international economic environment. Discuss the major economic indicators of international economic environment which influence the foreign market decisions with examples.

The international economic environment refers to the economic conditions, policies, and trends that exist across global markets and influence the operations of businesses beyond national borders. It involves a broad range of factors that affect trade, investment, and business strategies across different countries. These factors are dynamic and interlinked, with global economic activities shaped by a variety of conditions such as economic growth rates, inflation, exchange rates, and government policies. Businesses looking to expand or operate internationally must understand and navigate these variables to make informed decisions and ensure success in foreign markets.

Several major economic indicators play a critical role in shaping foreign market decisions for businesses. These indicators help companies assess the viability of entering a particular market and understand potential risks and opportunities. Key economic indicators include:

1. Gross Domestic Product (GDP): GDP is one of the most important indicators used to assess the overall economic health of a country. It represents the total value of goods and __________ _____ ____ ___ __________ _________.
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