ADM 2320 Lecture Notes - Lecture 5: Mercosur, Foreign Exchange Controls, North American Free Trade Agreement

• School: University of Ottawa
• Department: Administration
• Course: ADM 2320
• Professor: Ajax Persaud

Document Summary

Any entry to a new markets, requires carful planning. Company may use pest to ensure everything goes well. Companies have to make sure that they know what is legal and illegal in the country. If a product, or part of their product, is looked down upon in another country, the company has the responsibility in changing in. Companies have to adapt to not cause trouble with any governments. Consumers are likely to call a boycott if they believe that a marketing practice is unethical or unfair to group of. This refers to the regulation of a country"s currency exchange rate. Many countries try to keep their markets attractive to foreign investors while simultaneously making their goods attractive to foreign buyers through exchange control. This is an intergovernmental agreement designed to manage and promote trade activities for a specific region. This is a monetary and trade union in the eu, not including uk.