Why have US firms become increasingly focused on internation

Why have U.S. firms become increasingly focused on international business.

Solution

In the past, most U.S. firms considered US market size to be enough to sell their products and gain desired sales. Today the world has changed with the rise of international trade that resulted in many non -US based companies opening their offices in US and selling their products there and at the same time US companies are also finding more growth in emerging markets to gain more sales conisdeing the high competition in US as well as the US economy offers less growth opporunty now days as the country has become dependent on China and other countries on various goods.The benefit for US firms is that by expanding in other markets they can get more economies of scale and maintain huge growth.