Political and legal environment of country
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A key factor to asses in the political environment is the stability of the local government. Examine the country's policies toward business, including factors such as trade and tariff policy, tax structure, anti-trust and competition regulations, union power and consumer protection laws.
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Government affects almost every aspect of business life in a country. First, national politics affect business environments directly, through changes in policies, regulations, and laws. ... The government determines labor regulations and property laws.
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