Presentation on the Implication of European Union International Trade Policies to UK Business. Professional Writers of AUS Assignment Help presents factors and policies affecting UK Business. Get assignment writing services in Australia at affordable rates and achieve academic success.
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2. Significance of International Trade to UK
business
?International trade is very important for every country because it is
not possible to manufacture all types of goods and services with in a
nation. From the international trade, the state gets the benefits and
helps to develop a good economic of scale. There are several benefits
which are getting the UK business from the international trade.
?Material
?Production cost
3. Impact of Global Factors on UK business
?The impact of global factors on UK businesses are
positive and negative which are as follows.
?Market opportunity
?Emerging market
4. Impact of EU polices on UK business
?UK business organisations are now starting to follow the rules and legations after
joining the European Union (EU) which are same for all European nations.
?For developing the economy of European countries, EU start to give more
emphasize on developing the business and more and more foreign investment.
?This can be understand by an example. If an organization wants to operate the
business in UK than the owner of the company has to take the permission from the
EU and change all money in Euro with the help of European Monet Union. After
completing all formalities, the owner able to run the business in UK.
5. Cont..
?The huge impact of EU policies on the UK business such as giving the more liberalization to
the foreign investors in tax duties as well as support the new entrepreneurs by providing the
subsidiaries and support the various business activities.
?After coming the EU in UK, all the organizations are free to exchange the products with the
other EU nations without any barriers.
? By getting the license from the EU, it¡¯s easy for the UK and other countries for export and
import the services
6. References
?Fernando, C. A., 2011. Business Environment. Pearson Education India.
?Khattab, A. A. and et.al, 2012. Executives' perception of political-legal business environment
in international projects. International Journal of Commerce and Management. 22(3). pp.168-
181.
?Prasad, V., 2010. Business Environment. Gyan Publishing House.
?Shaikh, S., 2010. Business Environment, 2/E. Pearson Education India.
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