The Impacts of International Terrorism on International Trade

Revision with unchanged content. On September 11, four U.S. planes hijacked by terrorists crashed in New York, Washington and Pennsylvania killing more than 3,000 people in a matter of hours. This headline marked the beginning of a traumatic era in which terrorism invaded the daily lives of millions of people in the United States as well as the rest of the world. The enhanced security that took place afterwards caused se­rious delays on several borders and airports worldwide, which created a sub­stantial disruption of industries that highly rely on travel and international trade. As a matter of fact, one can discern that a terrorist act might have disruptive ef­fects on the daily life of people, but also on an economy and even business acti­vities. Therefore, this book examines the impacts of terrorism on international trade and how it effects the strategic management decisions of Multina­tional Corporations. It describes the approa­ches to terrorism analysis with its occurring types and causes and draws an overview of potential policy responses to terrorism as well as trends and future patterns of terrorism.