There are many regulations and legal considerations impacting business decisions; let’s work to narrow down that list. In this discussion, you will work on the following critical elements of the final project: Trade Regulations and Legal Considerations. Consider the following options to find four measures of government influence on trade and employment:
- Use Wage Indicator to identify various employment laws in the country. These might include minimum wage, medical leave, holidays, discrimination laws, and so on. You may need to use the translation service through Google Chrome when accessing various sites.
- Use Duty Calculator Sales Tax Rates to identify sales tax and rates for a country.
- Use the Treasury.gov Sanctions Programs List to identify various sanctions influencing business in the country.
- Use various government websites to learn more about tariffs, labeling, restricted items, and other barriers to trade. Consider using the U.S. Trade Representative resource to identify trade regulations.
Taking this one step further, discuss the significance of these four regulations. What do they mean for daily business and why do governments employ these methods?