![]() ![]() This will go a long way toward reducing misunderstandings, misconceptions and disputes.įinding a legal professional who specializes in international trade will help you sidestep regulatory and legal pitfalls and, if necessary, resolve disputes. International business contracts must, therefore, be specific and all-encompassing. Words often have different meanings in different places. Cultural and geographical impediments may crop up. Language barriers may cause misunderstandings. In international trade, contractual arrangements can be much more prone to complications than domestic ones. 9.5 Negotiating in other business culturesĩ.1 Understanding international contracts.9.1 Understanding international contracts.Step 9 – The fine print: understanding the legal side of international trade. ![]() It takes years to build a market, but only days to lose it. ![]()
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