MKC3220 Lecture Notes - Wassenaar Arrangement

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Social infrastructure facilities, networks supporting families/individuals/communities for social wellbeing. Parliamentary citizens can vote, most of the industrialize countries (australia) Absolutist dictate government, without considering citizen"s opinions (denmark, Russia, sweden in the past), saudi arabia still has absolutist. Regulator at either micro/macro level, setting industrial policies, charges taxes. *for assignment: check regulations for both home/host countries. Role of government in international marketing restrict/facilitate. Distortion of trade for adversarial and political purposes can be forced by the un as a punishment initiated by the us against small countries. Export controls impede upon the acquisition of goods by adversaries. Established in aus and nz through involvement in the wassenaar. Import controls restrictions placed on international marketers by countries with trade deficits or infrastructure problems tariffs: taxes imposes on imports. Quota system: reduce the volume (quantity/amount) of imports accepted by a country. Voluntary (export/import) restraint agreements: self imposed restrictions and cut backs aimed at avoiding punitive trade actions from the host country.

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