Get premium membership and access questions with answers, video lessons as well as revision papers.

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


Next: Discuss consignment as a method of international sourcing
Previous: Basic principles of the GATT system in controlling international trade

View More International Purchasing Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions