Question
Select any multinational company for the assessment and explain the following on International Trade Law: (provide reference links too) 1. Explain in detail at the
Select any multinational company for the assessment and explain the following on International Trade Law: (provide reference links too) 1. Explain in detail at the importance, understanding and accommodation of cultural differences and language barriers before initiating and signing international contracts.
2. Explain in detail before entering into an international trade agreement, how company carefully assess their product or service, their capabilities, and the resources they will require?
3. Explain in detail on political and legal barriers platform how company takes into consideration economic sanctions, tariffs, quotas, licenses to develop value-added products/services in targeted international markets?
4. Explain in detail in countries that cannot afford a product, how company look for ways to cut costs in order to gain a foothold as well as adapt its product or service to enhance its perceived value to justify the increased price?
5. Explain in detail company's product liability platform for international markets to address lawsuits to settle claims of injury or dispute due to negligence or strict liability on the part of manufacturer?
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