Chapter 7: The International Legal Environment: Playing by the Rules Chapter Questions 1. Differentiate among Code Law, Common Law, Islamic Law, and socialist legal systems, and explain the implications that each may have on the activities of international marketers. Common Law ¡V The basis for common law is tradition, past practices and legal precedents set by the courts through interpretations of statutes, legal legislation and past rulings Code Law ¡V is based on an all-inclusive system of …showed first 75 words of 2168 total…

…showed last 75 words of 2168 total…The economy has the technological and entrepreneurial skills to develop any product that it chooses. 5. The age of high mass consumption ¡V a shift occurs in the leading economic sectors towards consumer durable s and services. Real income increase to the point where large numbers of people have significant amounts of disposable income. 2. Understand the relationships among level of economic development, infrastructure demand and marketing practices. 3. Identify the various emerging global market opportunities. ------------------------------------------------------------------------ **Bibliography**