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Which of the Following Statements Describes Laws and Regulations in Global

Question 239

Multiple Choice

Which of the following statements describes laws and regulations in global markets?


A) There is not a central system of law in existence.
B) The World Trade Organization reigns supreme and dictates global law for all 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.

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