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What is the importance of understanding local laws and regulations in international business?a)It helps ensure compliance and eligibility to trade in foreign markets.b)It helps reduce tax liability and avoid potential tariffs.c)It helps navigate legal requirements and avoid penalties.d)All of the above.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the importance of understanding local laws and regulations in international business?a)It helps ensure compliance and eligibility to trade in foreign markets.b)It helps reduce tax liability and avoid potential tariffs.c)It helps navigate legal requirements and avoid penalties.d)All of the above.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the importance of understanding local laws and regulations in international business?a)It helps ensure compliance and eligibility to trade in foreign markets.b)It helps reduce tax liability and avoid potential tariffs.c)It helps navigate legal requirements and avoid penalties.d)All of the above.Correct answer is option 'D'. Can you explain this answer?.

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