What are some benefits of international business partnerships? - IELTS Speaking Part 3

Answer: Some benefits of international business partnerships include access to new markets, increased efficiency and productivity, and opportunities for innovation and knowledge sharing. Reason: International business partnerships allow companies to expand their reach beyond their domestic market and tap into new opportunities for growth and development. Example: For example, a company based in the United States might partner with a company based in China to access the Chinese market and benefit from their knowledge and expertise in the region. Alternative: Additionally, international business partnerships can lead to cost savings and increased efficiency through shared resources and expertise, as well as opportunities for innovation and the development of new products or services.