Describe some of the sources of political risk

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Questions

1. Describe some of the sources of political risk. Specifically, what forms can political risk take?

2. Global marketers can avoid legal conflicts by understanding the reasons conflicts arise in the first place. Identify and describe several legal issues that relate to global commerce.

3. You are an American traveling on business in the Middle East. As you are leaving country X, the passport control officer at the airport tells you there will be a passport "processing" delay of 12 hours. You explain that your plane leaves in 30 minutes, and the official suggests that a contribution of $50 would probably speed things up. If you comply with the suggestion, have you violated U.S. law? Explain.

4. "See you in court" is one way to respond when legal issues arise. Why can that approach backfire when the issue concerns global marketing?

Reference no: EM133401181

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