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4-1 Discussion Government Regulations

4-1 Discussion Government Regulations

Q Use this discussion sample as a guide when completing your own analysis. There are many regulations and legal considerations impacting business decisions; let’s work to narrow down that list. In this discussion, you will work on the following critical elements of the final project: Trade Regulations and Legal Considerations. Consider the following options to find four measures of government influence on trade and employment: • Use Wage Indicator to identify various employment laws in the country. These might include minimum wage, medical leave, holidays, discrimination laws, and so on. You may need to use the translation service through Google Chrome when accessing various sites. Additional resources can be found in the Reading and Resources section of this module. • Search VAT and/or GST rates for your country. • Use the Treasury.gov Sanctions Programs List to identify various sanctions influencing business in the country. • Use various government websites to learn more about tariffs, labeling, restricted items, and other barriers to trade. Consider using the International Trade Representative to identify trade regulations. Taking this one step further, discuss the significance of these four regulations. What do they mean for daily business and why do governments employ these methods? Respond to two of your classmates and share some observations or additional research you found regarding their country choices. Once you have received feedback from your peers and instructor, you will insert your data and summarize your analysis findings in the Final Project Presentation Template provided. This is your fourth step toward the comprehensive final project presentation. Your second final project checkpoint submission will be in Module Six. Note: You will not be able to see any of your peers' discussion posts until you have created and posted your own discussion thread. To complete this assignment, review the Discussion Rubric document.

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Various measures of government influence on trade and employment: Chosen Country: ________India_______________________ Employment Law (Wageindicator.org, 2019), (Paycheck.in, 2020) Minimum wage set by the Commission, as of July 2020: • 207.84 Indian Rupees • Working hours for every week – 48 • Number of working days for every week – 6.0 Female employees qualify for 14 to 20 weeks of paid maternity leave (8 to 14 weeks prior to birth and 6 weeks after birth) – Art. 91 Labour Code, 2003 (Singh, 2020). Sales Tax (Paisabazaar.com, 2019) • VAT (sales tax): 12.36% Trade Policies (Office of the United States Trade Representative, 2019) • “Additional duty, which is applied to all imports except for wine, spirits, or other alcoholic beverages, is applied on top of the basic customs duty, and is intended to correspond to the excise duties imposed on similar domestic products”.