![]() ![]() The political interconnection between the global economies has led to countries around the globe to be extra vigilant when making certain national decisions. Most international economies have realized the importance of market competition and therefore have allowed their policies, especially the monetary policies and other trade policies to be flexible in order to enhance production efficiency thus helping the global market economies to enjoy the economies of scale. Moreover, the advancement of technology has not only led to the faster movement of goods in the international market due to efficient modes of transport, but also to the development of local infrastructure and financial markets that influence efficiency in production. The international transaction costs have been greatly influenced by the globalization of trade, leading to efficient financial flow and competitive goods prices (Keohane and Milner, 1996, p. The influence of macro forces on the national trends may be clearly explained by relating the dependent and independent variable in the global economy. This paper will discuss the effect of the macro forces on the national trends based on the social, technological, economic, environmental, political, legal and ethical economic analysis tool. ![]() Different countries will be affected by the macro forces differently depending on the level of integration and the extent to which the organizational development takes root in the country. 6) claims that the macro forces including technological, social and economic have combined to form a global market place where companies must capture global-scale economies in order to survive the competition. The macro forces influence on international trade has led to innovative business practices as well as national structure realignments to adapt to the ever changing macro environment. For instance, these macro forces have affected national trends in trade, education, health, agriculture, labor mobility and migration and so on. Indeed, macro forces including political, technological, economic, political, demographic, ethical, legal, and environmental have been the key influences in the strategic policy making in any given nation. Globalization, which is one of the most significant forces in internationalization, has allowed countries to be interconnected to the extent that it is difficult for one particular country to make national decisions without incorporating the influence of the macro forces. ![]()
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