by Jason M. Gordon | Feb 23, 2025 | Global Business, International Law & Relations
What are the legal risks associated with carrying on international business? The competitive risks associated with carrying on business in a foreign market are numerous. For example, understanding the foreign market, communicating in a foreign language, and...
by Jason M. Gordon | Feb 23, 2025 | Global Business, International Law & Relations
What major international agreements affect international trade? The United States has entered into two types of treaty with multiple countries regarding the trade and shipment of goods. These treaties allow individuals from the US and the host country to sell and ship...
by Jason M. Gordon | Feb 23, 2025 | Global Business, International Law & Relations
When is carrying on business in a foreign country prohibited under US Law? Embargoes are prohibitions against carrying on business transactions with certain countries. The Office of Foreign Assets Control (OFAC), a division of the US Department of Treasury, is charged...
by Jason M. Gordon | Feb 23, 2025 | Global Business, International Law & Relations
What is the significance of boycotts between foreign countries? The US issues restrictions on international business relationships through embargoes and targeted business sanctions. The US is not currently a part of an official boycott of countries or individuals. In...
by Jason M. Gordon | Feb 23, 2025 | Global Business, International Law & Relations
What US laws apply to limit specific business practices in all foreign countries? Numerous US laws limit specific types of conduct or business activity in foreign countries. Major limitations under US law include the following. What is the Antiterrorism and Effective...
by Jason M. Gordon | Feb 23, 2025 | Global Business, International Law & Relations
What Regulations apply to Exports from the United States? US Export Administrative Regulations (EAR) cover the export and re-export of most commercial items, including some civilian and military-grade items. An export includes any item transported outside of the...