GMS 522 Lecture Notes - Lecture 4: Global Marketing, Royalty Payment, Export Development Canada
Document Summary
Us government has imposed sanctions on the caribbean island of cuba since. Export controls: national governments impose export controls in order to restrict access by adversarial countries to strategically sensitive products such as uranium. It is an offense to export to iran any products, services, equipment or technologies that could assist that country in the enrichment of uranium or the development of nuclear weapons delivery system. If import controls are directed at countries which are key input suppliers, the multinational firm may be forced to seek alternative supplies which may be more expensive or of lower quality. Bribery and corruption: corruption: viewed as the abuse of public office for private gain. In some countries, payment of government officials for their services is expected and considered just another cost of doing business. If firm is unable to reduce its cost of production, it will have to decide whether it can continue to operate in the host country.