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Textbook: Hill, Charles, W. L. & Hult. G. T. (2019). International business: Competing in the international marketplace (13th ed.).
Chapter Two: National Differences in Politial, Economic, and Legal Systems
How political, economic, and legal systems can affect global trade and promote or inhibit a global company wanting to do business in a particular country. Political systems vary from country to country and may suddenly and significantly change depending on how the country decides it wants to be controlled and operated.
Suggested Resources for Chapter Two
China - The Future?
Films on Demand - From the series "Inside China" (24.15 min)
This program looks at how China is flexing its economic muscle and investing all over the world and considers what this means for the West? It also looks at China's involvement in various African countries and in the European Union and questions if that brings China into conflict with the U.S.
Economic Development: A Global Challenge
Films on Demand (36:13 min)
This program studies various methods for calculating economic potential, growth, and stagnation in the context of today’s global environment. Introducing the three main determinants of income and expansion—physical capital, human capital, and technology...
Researching Global Markets: Business Without Borders
Films on Demand (9:42 min)
Going global in business requires thorough research into demographics, culture and religion, politics, economics and law to identify viable international markets and suitable marketing strategies.
2021 Best Countries rankings
The overall ranking of Best Countries measure global performance on a variety of metrics. he 2021 Best Countries rankings, formed in partnership with BAV Group, a unit of global marketing communications company VMLY&R, and The Wharton School of the University of Pennsylvania, are based on a study that surveyed more than 17,000 people from four regions to assess perceptions of 78 countries on 76 different metrics.
2021 Open for Business Ranking
A subranking of the Best Companies for Business Ranking. based on an equally weighted average of scores from five country attributes that relate to how business-friendly a country is: bureaucratic, cheap manufacturing costs, corrupt, favorable tax environment and transparent government practices.
CIA World Factbook
Provides basic iinformation on the history, people, government, economy, energy, geography, environment, communications, transportation, military, terrorism, and transnational issues for 266 world countries.
Ease of Doing Business Rankings
From the World Bank, economies are ranked on their ease of doing business, from 1–190. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. Sort by region or by income.
Expanding a Business Internationally in 2021
Entering the global market requires strategic thinking, research, and a methodical approach.Five factors to consider: market research and strategy, laws and regulations, local workforce, marketing and culture, languages and localization
Global politics for a globalized economy
A shift is occurring: global markets already are more important than national markets for small and medium-size countries, and they are approaching that status for large economies. .
International Trademark Registration: Nine Lessons Learned from Harry and Meghan
Highlights mportant basics of international IP registration and a cautionary tale based on Harry and Meghan's experience.. Nine things you need to know to register an international trademark
International Trademark Rights Fact Sheet
Notwithstanding differences in recognizing and enforcing trademark rights, many jurisdictions have agreed upon common procedures or protocols for filing trademark applications. These options are discussed below.
JuriGlobe: World Legal Systems
JuriGlobe is a research group formed by professors from the Faculty of Law of the University of Ottawa, which focuses on the development of a multilingual information data bank, accessible to all on the internet, containing general information relating to the different legal systems in the world...Includles GDP and GNI of countries of the world as well
Top 10 Countries to Consider for Global Expansion
Scroll about halfway down and click on one of the top 10 featured countries for 2020, then click on Read More for more information about doing business in that country.
Trade Agreements can create opportunities for Americans and help to grow the U.S. economy. They lay out “rules of the road” for U.S. companies looking to do business in markets around the world by reducing barriers to U.S. exports, protecting U.S. interests, and enhancing the rule of law in trade agreement partner countries. Provides guides on various types of trade agreements, including free trade agreements, trade agreements, WTO agrements and more.