Which of the following statements describes laws and regulations in global markets?
A) No central system of law exists.
B) The World Trade Organization reigns supreme and dictates law for all global markets.
C) Most trading partners will default to the laws that govern the seller's home country.
D) With the exception of labor relations, most laws are pretty standard across global markets.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements describes laws and regulations in global markets?
A) No central system of law exists.
B) The World Trade Organization reigns supreme and dictates law for all global markets.
C) Most trading partners will default to the laws that govern the seller's home country.
D) With the exception of labor relations, most laws are pretty standard across global markets.

Which of the Following Statements Describes Laws and Regulations in Global