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Global Business Strategy: Religious Difference and Trade Barriers

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Do you think that business practices in an Islamic country are likely to differ from business practices in the United States? If so how?

Unions in developed nations often oppose imports from low-wage countries and advocate trade barriers to protect jobs from what they often characterize as "unfair" import competition. Is such competition "unfair"? Do you think that this argument is in the best interests of (a) the unions, (b) the people they represent, and/or (c) the country as a whole?

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Solution Summary

This solution of 847 words discusses the concepts of religious difference in global business strategy, focusing on the cultural environment of an Islamic country and a comparison to the common law in the USA. It also explains the best interests of unions, people they represent and the country as a whole in terms of trade barriers. All references used are included.

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