AFM131 Study Guide - Final Guide: Inferiority Complex, Sustainable Energy, Relationship Marketing

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM131
• Professor: Robert Sproule

Document Summary

Import vehicles must go through: politics is often more about perception than reality - people"s perception that. America has a tighter borderline security leads people to believe it is more safe despite the fact that it isn"t. 3000 custom checks and travel between two countries up to 7 times. Economic forces affecting global trading: never assume that what works in one country will work in another, think global, act local, fluctuating currency rates. Legal and regulatory forces affecting global trading: follow laws & regulations for business practices, certain countries don"t have the technological advancements for certain products. Basic fundamentals of globalization or services: free trade, open market, importation, exportation, balance of trade. Implications of free trade: movement of goods and services among nations without political or economic, some well-known canadian and foreign firms have had success with global trade barriers marketing, but many others have stumbled badly.