Compliance with foreign law

Compliance with foreign law

1. International negotiation takes place

   • between
     • buyers and sellers from different countries

2. Within the negotiation, foreign laws must be known because they are

   • about
     • the interests of the parties

3. In addition, many countries impose tariffs on their products

   • below
     • those charged on foreign goods

4. For manufacturers it is important to produce their merchandise

   • next to
     • the standards of the target countries.

5. Failure to take account of foreign laws may lead to the

   • opposite
     • of what is expected.

6. Created by: JUAN SEBASTIAN MURILLO SANCHEZ. Class Code: 2104827