Political and Legal Factors Can Restrict or Enable International Marketing

question 20

Multiple Choice

Political and legal factors can restrict or enable international marketing opportunities. Some governments place obstacles in the way to deter prospective importers and protect domestic industries. Measures invoked by governments to protect their domestic industries could include quotas, duties, and non-tariff barriers. A good example of a non-tariff barrier is:______________

• A) Introduce a special "Made in EU" tax
• B) Limit the amount of goods allowed
• C) Luxury tax for 5 star hotels only
• D) Adapt the offerings to country's standard

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Definitions:

Breaches

Instances where laws, contracts, or agreements are violated or broken.

Third-Party Carrier

An independent entity that provides transportation services to transport goods between a buyer and a seller.

Title Passes

The point at which ownership of property is transferred from one party to another, typically upon the fulfillment of specified conditions.

Seller Completes Performance

The point at which a seller has fulfilled their contractual obligations in a transaction, typically resulting in the transfer of goods or services to the buyer.