Domestic law and order, the infrastructure, and the climate of international trade are all aspects of a country's?

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11-08-2022
Business

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Domestic law and order, the infrastructure, and the climate of international trade are all aspects of a country's?

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smecloudbird18 smecloudbird18 · Answer 1 · 2022-08-19T14:33:56+02:00

Domestic law and order, the infrastructure, and the climate of international trade are all aspects of a country's political environment. Political environment refers to the state, government, and the public and private parties that operate, interact, and/or have an impact on the system.

The foundation of a country's commercial climate is its political environment. While promoting one type of business can enhance earnings for that industry and its participants, it can also result in losses for international trade. Because lengthy or abrupt changes in the political environment can have an influence on GDP and the wider economy, the government also takes all these risks and impacts into account.

To learn more about political environment, click here

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