Globalization 3.0: A New Era of Trade, Tax and Political Uncertainty
Multinationals are facing a new era of globalization characterized by the polarized forces of cooperation and competition.
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Although the global market has become increasingly open to trade, disparate local laws and varied business and cultural practices can make creating, distributing and selling goods and services in certain markets a major challenge. International trade sanctions limit how companies can do business, as well as customs laws, exchange controls and foreign investment requirements.