Question: For our discussion question, we have to write about a company we are familiar with that deals with international laws. One significant law, treaty, act,
For our discussion question, we have to write about a company we are familiar with that deals with international laws. One significant law, treaty, act, or governing body that impacts United Parcel Service's (UPS) international business is the World Trade Organization (WTO). The WTO establishes rules for international trade, facilitates trade negotiations, and governs intellectual property rights, which are crucial for UPS's global operations. The impact of the WTO on UPS's international business is substantial, as it helps reduce tariffs, resolve trade disputes, and ensure smooth trade flows across borders. Unlike domestic business, where UPS operates within a single country's regulations, the WTO's influence requires UPS to comply with various international regulations, including those related to tariffs, trade agreements, and intellectual property rights. This compliance can differ from domestic business practices, necessitating UPS to adapt its operations and products to meet the diverse regulatory environments of international markets23. I got the of the internet can you refine it and help me write a humanized disscussion response
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