logo

Issues in Global Business

   

Added on  2020-07-22

8 Pages2341 Words464 Views
Issues in Global Business
Issues in Global Business_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK...............................................................................................................................................1CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
Issues in Global Business_2
INTRODUCTIONCountries are free to frame trade agreement with other country in order to maintain freeflow of goods and services. Trans-Pacific Partnership Agreement has been considered as tradeagreement which needs to be framed among two or more countries for the purpose ofmaintaining their performance in international market (Crane, Matten and Spence, 2013). In thisrespective essay impact of TPP agreement is studied on the business organisation of Malaysia.Various recommendation to the strategic development in order to face various threat in marketrelated with Trans Pacific Ppartnership(TPP) agreement and development of SMEs in Malaysiais provided in this following essay.TASKTwo or more countries are able to frame trade agreement which is known as Trans-Pacific Partnership Agreement. It is the legal obligation for them to comply. It has beenconsidered as legal contract. For the same purpose representative from each country signed legaldocument and responsible to fulfil their obligations which are imposed on them according to therule of law. Various terms and conditions mentioned under such legal document which needs tobe attained by parties. They are bound to fulfil rules, regulation and policies which are imposedon them as per the rules of trade agreement (Farndale, Scullion and Sparrow, 2010). Eachcountry selects one person in order to represent themselves. Government frame various typesrules and regulation which are related to their roles and responsibilities. Terms and conditionsneeds to be decided to by countries with mutual concept as they are bound to comply with suchrules which are imposed on them. Large number of countries participate in such legal processsuch as Cine, Singapore, Germany, Vietnam, USA. Malaysia framed legal agreement with USAin order to free flow of goods and services. Through this process countries are easily able toprovide products to people according to their requirement. Able to fulfil needs of them throughincrease export and reduce level of import.1
Issues in Global Business_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Assignment - Trans Pacific Partnership (TPP)
|9
|1833
|94

Impact Of Trans-Pacific Partnership Assignment PDF
|9
|2158
|36

Article on Annotated Bibliography 2022
|4
|853
|43

Introduction to Trans-Pacific Partnership 3 Reasons behind Canada refraining from TPP
|25
|4404
|73

Report on Relationship between Agent and Principles
|11
|3196
|47

International business journal Assignment 2022
|5
|1214
|19