Issues surrounding the legal/political environment in international business

      

Issues surrounding the legal/political environment in international business

  

Answers


Faith
Most issues in the legal/political environment centre around the following:
i) "Institutional environment" - made up of political, social and legal ground rules within
which the global marketer must operate.
ii) Property rights - patents, trademarks.
iii) Taxation - what taxation schemes will be faced abroad?
iv) Recourse - possibility and length of action with the possibility of image damaging
necessitating arbitration.
v) Movement of equity and expropriation threats - often necessitating protocols or the signing
of trade frame working agreements.

Titany answered the question on November 25, 2021 at 11:41


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