Buy custom Doing Business In Another Country
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| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2330 |
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As a member of the WTO Venezuela’s tariff laws are held to reasonable values which are around 5% to 20%. Even though guidelines are followed a high luxury tax is imposed on all “non-priority†goods, which acts as a trade barrier, because they discourage domestic importers from wanting to pay high taxes on foreign goods...
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The government encourages foreign investment which has also played a key role in their economic growth.
The mobile handset markets largest consumer will be young adults in the upper and middle class. This group is already a large consumer and will only get larger with the introduction of new technologies and services...
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