What are some factors a firm needs to consider when deciding to conduct business in a foreign country?

In: Business and Finance

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All questions you are are related to risk

Political stability inflation currency fluctuations regulatory controls (eg anti-money laundering) legal requirements on you (eg employee insurance) taxation requirements on you (eg you don't pay tax on their shipping costs)

If you can think of a risk, cover it.

It's always best asking your country's trade office at your embassy in the country you're thinking of.

First answer by KIMMIE. Last edit by KIMMIE. Contributor trust: 77 [recommend contributor]. Question popularity: 39 [recommend question]

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