What are some of the rules governing international business?

International business transactions must comply with both domestic and international laws. These laws include:
Labor and employment laws
International trade compliance, including import/export and sanctions
Corporate structure
Taxes
Intellectual property
Fair trade
Worker safety
Environmental protections
The Foreign Corrupt Practices Act (FCPA) prohibits American individuals and companies from bribing or unlawfully influencing foreign officials. The FCPA is enforced by the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ).
The National Treatment Principle states that imported and locally-produced goods should be treated equally. This principle also applies to foreign and domestic services, and to foreign and local trademarks, copyrights, and patents.
Respect for the rule of law is often a deciding factor for companies when deciding whether to participate in an overseas market. Without sufficient rule of law, the risks are too great and the return on investment is jeopardized.