After reading this chapter, you should be able to: appreciate the complexity of the legal forces that confront international
business understand that many taxes have purposes other than to raise revenue discuss enforcement of antitrust laws recognize the importance of tariffs, quotas, and other trade obstacles
to international business appreciate the risk of product liability legal actions, which can
result in imprisonment for employees or fines for them and the company appreciate the effects of price and wage controls, labor laws, and
currency exchange recognize the importance of being aware of peculiarities of local
law understand contract devices and institutions that assist in interpreting
or enforcing international contracts anticipate the need and methods to protect your intellectual properties recognize how industrial espionage affects international business understand the numerous difficulties and burdens placed by U.S. laws
and practices on American ICs, which other countries do not impose on their
ICs be aware of the wide variety of assistance available from and through
U.S. government agencies |