Treaties affect relations between sovereign governments only and do not affect the way companies do business.

Question

Quizplus · Accepted Answer

Treaties can have a significant impact on the way companies do business, as they can establish rules and regulations that govern cross-border trade and investment. Treaties can also affect intellectual property rights, labor standards, and environmental regulations, which can all impact how companies operate in different markets. Additionally, once a treaty is signed, governments may introduce new laws and regulations to comply with these agreements, which can also impact companies.

Treaties Affect Relations Between Sovereign Governments Only and Do Not