Different government instruments of trade policy

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Consider the different government instruments of trade policy discussed in chapter 7 of our textbook. Think about how companies wishing to do business abroad are affected by these protections in terms of the firm's business policies, operations, overarching strategy, decision-making, supply chain (etc.). Look beyond the obvious definitions to consider how these government policies fundamentally can affect the firm. For example, if you were a U.S. firm doing business in Brazil and Brazil had tariffs on your product, how would tariffs affect you? Do not say "you pay a tax on imports into Brazil" - this is by definition. What does paying this tax mean for the firm in terms of its policies, operations, decision-making, strategy, and the like?

 

Reference no: EM133032769

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