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LEARNING OBJECTIVES
- Examine U.S. trade regulations.
- Explore considerations for contracts in the international environment.
- Examine prohibitions of certain business activities in the international context.
Several U.S. laws apply to U.S. companies conducting business internationally. For example, trade regulations are relevant to importers and exporters of products. Also, some activities are prohibited to U.S. businesses, such as doing business with a terrorist organization. It is important for all companies contemplating doing business in the international environment to understand the laws that apply to their activities so that they can avoid criminal and civil liability, and maintain a commitment to ethics.
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