COMMERCE 2MA3 Lecture Notes - Lecture 17: Marketing Mix, Joint Venture, Subculture
6 Dec 2016
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Example: whether or not usa signs an environmental agreement, obama administration was pushed by ngos into signing certain laws. Imposed by countries or a group on another and usually related to importer/exporter restrictions in certain product categories. Li(cid:271)ya (cid:271)e(cid:272)ause of the li(cid:271)ya(cid:374) go(cid:448)er(cid:374)(cid:373)e(cid:374)t"s hu(cid:373)a(cid:374) right violations on their people. Trade sanctions usually turn out to become bilateral (leads to reciprocated restrictions). Embargo: a stronger version of trade sanctions, no trading at all with a country. It can be imposed by an individual or group of countries. Usually used as a precursor to military action to declare hostility towards a country. Dissatisfied consumers can boycott companies by not purchasing. To avoid, now companies need to be more ethical in producing and procuring their goods. Done when countries can produce more cheaper than you. The us always fights about getting rid of tarrifs and quotas because they support free market arguments.
