QUESTION THREE [20]3.1 Explain what is meant by the global legal-political environment of business. 3.2 One area where companies feel the legal and political effects in the global environment is in the “terms of access”. The phrase "terms of access" refers to all the conditions that apply to the importation of goods from a foreign country.With regard to this, discuss the legal instruments that are used to create these ‘conditions’ as barriers to trade between countries
QUESTION THREE [20]3.1 Explain what is meant by the global legal-political environment of business. 3.2 One area where companies feel the legal and political effects in the global environment is in the “terms of access”. The phrase "terms of access" refers to all the conditions that apply to the importation of goods from a foreign country.With regard to this, discuss the legal instruments that are used to create these ‘conditions’ as barriers to trade between countries
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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QUESTION THREE [20]
3.1 Explain what is meant by the global legal-political environment of business.
3.2 One area where companies feel the legal and political effects in the global environment
is in the “terms of access”. The phrase "terms of access" refers to all the conditions that
apply to the importation of goods from a foreign country.
With regard to this, discuss the legal instruments that are used to create these ‘conditions’
as barriers to trade between countries
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