Result of trade and investment liberalization

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Today's economy is becoming increasingly globalized as a result of trade and investment liberalization and consequently businesses are looking beyond national borders for opportunities in order to have greater market presence and remain competitive.

The Board of Directors of a Caribbean based manufacturing firm is desirous of expanding operations outside the Caribbean to the US market. However, before establishing commercial presence in another jurisdiction, there are several factors which must be considered before making this investment. As the CEO of this locally-based manufacturing enterprise, you are required to advise the Board of Directors of three (3) factors which must be considered when deciding to establish commercial presence in the US market. Include in your discussion the implications of the identified factors and the approaches which would need to be considered and adopted by the business to deal with those factors in order to succeed in the global business environment.

Reference no: EM132837982

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