This thoroughly revised second edition of Dynamics of International Business provides an in-depth comparative historical analysis of the structural and strategic evolution of international enterprises.Drawing on extensive research, this textbook situates the ostensibly modern phenomena of multinational corporations and economic globalisation within an established and complex history of international enterprises and cross-border business activity. Students will develop a deeper understanding of the global economy and the core forces that have shaped it over time. The book's structure has been enhanced for this new edition: it is now divided into seven sections representing specific phases of the global economy's history, each one consisting of two chapters that comprehensively cover the era's "macro" framework and its "micro" structures respectively. Theoretical paradigms that commonly feature in international business scholarship are also contextualised within the historical eras they emerged from, thus enabling readers to critically engage with and apply these theories. New material has been added throughout, especially regarding current geopolitical tensions threatening to disrupt and even reverse recent globalisation trends in the global economy. Finally, this edition also includes updated case studies based on a diverse range of industries and countries that will complement learning.An essential textbook for economic and business history courses, students and scholars of international business will also find it to be a useful and highly accessible resource.