Abstract
Globalization has opened new business opportunities but has imposed new challenges as well. The US economy in the 21st century is more intertwined with the global economy than ever before. The proportion of exports and imports in US gross domestic product (GDP) reached almost 30% in 2013, while US foreign direct investment (FDI) (outflow and inflow) was around 3% of GDP (BEA, 2014). Therefore, one-third of US GDP is linked to the global economy.
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© 2015 Gordana Pesakovic
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Pesakovic, G. (2015). A Short-Term Study-Abroad Programme: Why and How. In: Taras, V., Gonzalez-Perez, M.A. (eds) The Palgrave Handbook of Experiential Learning in International Business. Palgrave Macmillan, London. https://doi.org/10.1057/9781137467720_36
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DOI: https://doi.org/10.1057/9781137467720_36
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