Asked by Brenna Caldwell on Jun 30, 2024
Verified
Nations impose laws to restrict or facilitate international business because business activities can affect national interests.
National Interests
The strategic, economic, and political goals or priorities of a nation considered important for its welfare and security.
- Understand the role of national laws and their extension to international law and how they influence international business.
Verified Answer
CA
Chinedu AjuruchiJul 01, 2024
Final Answer :
True
Explanation :
Nations impose laws on international business to protect or promote their national interests, such as economic security, public health, and environmental conservation, as well as to regulate trade and investment.
Learning Objectives
- Understand the role of national laws and their extension to international law and how they influence international business.