THE USE OF ENGLISH IN INTERNATIONAL ECONOMICS AND BUSINESS

This article posits that the English language functions not merely as a communication tool but as a foundational, non-tariff institution within the architecture of international economics and business. The analysis demonstrates that English operates as a de facto regulatory framework- a lingua economica- that reduces transaction costs, mitigates informational asymmetries, and defines the boundaries of global market participation. The article concludes by considering the implications of this linguistic monopoly for equity, innovation, and the future polycentricity of the global economy.