International business is a term used collectively to describe all commercial transactions (private and governmental, sales, investment, logistics, and transport) between two or more countries. Generally, such transactions are carried out by private corporations for profit; they are conducted by organizations for profit for political purposes.
Globalization is the spread across national boundaries and societies of goods, technologies, knowledge, and employment. In economic terms, it explains the interdependence across the globe fostered by free trade.
International trade doesn't require globalization. Because of Monopolies, tariffs, government intervention, and intellectual property theft all conflict with the globalized level playing field. However, none of them stop international trade. The ending goal is a level playing range so that factories and factory workers.
Also, Global Business has commercial transactions that involve two or more countries. While international Business is a cross-border business; they integrate the economies of multiple countries. Globalization should involve multiple nations, and to integrate economic and financial systems across the world, by reducing artificial barriers to trade in goods and services. On the other hand, International Business operate on very large scales and involve multiple jurisdiction, and use foreign exchange.