The International Political and Legal Enviroment
10 important questions on The International Political and Legal Enviroment
Discribe economic nationalism
What are import restrictions?
To create markets for local industry
What does exchange control mean?
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What are tax controls?
What are price controls?
Used to:
•Control the cost of living
•Force foreign companies to sell equity (eigen vermogen) to local interests
What are labour problems?
What is political risk assessment en why is it important?
•Build a database of past political events
•Forewarn corporate decision makers about political and economic situations
What is Shari’ah?
What is a merger?
•Companies considering merging have to give the Commission prior notification
•Commission could approve or block merger’
What does the competition policy do?
•Common market: Free-trade area with common external tariff, international labour mobility and common economic policies among members
•Ensures right amount of competition at all stages of the Common Market’s development
•Ensures equal opportunity for all operators in the Common Market
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
