GMS 522 Lecture 5: GMS 522 week 5.docx

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 522
• Professor: Helene Moore

Document Summary

Political and legal circumstances in the home country. Political and legal circumstances in the host country. Bilateral and multilateral agreements, treaties, and laws governing relations between host and home countries. Government actions that distort the free flow of trade goods, services, or ideas for decidedly adversarial and political, rather than strictly economic purposes. Many nations use export control systems, designed to deny or at least delay the acquisition of strategically important goods and adversaries. Most make controls the exception, rather than the rule. Other nations consider exports to be an extension of foreign policy. In many nations, all import or the imports of particular products through mechanisms including: There are several major areas in which nations attempt to govern the global marketing activities of firms which include: Boycotts: firms refuse to do business with someone. Antitrust measures: wherein firms are seen as restricting competition. Corruption: occurs when a firm obtains contracts or bribes rather than through competitive bidding and performance.