Abstract

For a variety of political reasons—mainly to “protect” home industry owners, managers, and employees, but sometimes on ostensibly national security grounds—governments often erect barriers to international commerce. These barriers take many forms, ranging from tariffs to quotas on trade to restrictions on foreign ownership of domestic business. Consequently, the globally-oriented firm must develop strategies not only to compete effectively against foreign and domestic rivals, but also to overcome obstacles erected by governments of host countries (see Table 9–1).

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