THE IMPACT OF THE ENGLISH LANGUAGE ON GLOBAL BUSINESS AND ECONOMICS
Keywords:
English language, global business, international trade, economic development, multinational corporations.Abstract
The English language has become an essential instrument in global
business and economic development. Its pervasive use facilitates communication
among multinational corporations, simplifies international trade processes, and
enhances investment opportunities across borders. This paper examines the influence
of English on global economic activities, focusing on its role in fostering business
efficiency, market expansion, and competitive advantage. The study adopts a
qualitative approach by analyzing contemporary trends, corporate practices, and
statistical data related to English usage in commerce. The findings indicate that
proficiency in English is strongly correlated with improved negotiation outcomes,
broader access to international markets, and enhanced professional mobility. The
discussion highlights the strategic importance of English language skills in maintaining
economic competitiveness and sustaining growth in the globalized business
environment.
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