The Role of English as the Means of International Communication for the Development of World Market

Abstract

The article points out the role of English as the means of international communication in the formation and development of the global market.The process of globalization of international relations is referred to as the factor which puts forward a requirement to form and introduce into the world linguistic circulation the universal means of international communication. The role of transnational corporations in the globalization of world market and establishing English as the means of international communication is highlighted. The implementation of latest informational –communications technologies, based on a wide use of English as well as global communication systems is elucidated.