Final answer:
Lower tariffs, enforceable trade agreements, and flexible currency rates are global trends that can encourage entrepreneurs to consider international business opportunities.
Step-by-step explanation:
One global trend that might encourage an entrepreneur to consider international business opportunities is the reduction in tariffs, which are taxes on imported goods. Lower tariffs make it easier for businesses to export their products to other countries, as it reduces the cost of doing business across international borders. This can open up new markets and increase the potential customer base for entrepreneurs.
Another important trend is the presence of enforceable trade agreements. These agreements help establish a framework for conducting business internationally, protecting the rights and interests of businesses and providing a stable business environment. By ensuring a level playing field and reducing uncertainties, enforceable trade agreements can give entrepreneurs the confidence to explore international business opportunities.
Lastly, the flexibility of currency rates is another global trend that can benefit entrepreneurs. When currency rates are flexible, it allows for easier exchange of currencies between countries. This can mitigate the risks associated with currency fluctuations and make international transactions more efficient. Entrepreneurs can take advantage of favorable currency rates to maximize their profits and expand their business globally.