Global Expansion Ain't What It Used to Be. Here's Why

Andrew Deen  |

As businesses begin to think about taking their companies global, they will face many challenges while attempting to increase their profits and revenue. To find success in their ventures, today’s businesses must overcome these challenges and especially be able to adapt to new regulatory and competitive situations. One of the biggest hurdles companies will soon face is unknown because the current presidential candidates have opposing views on trade regulations.

Since the financial crisis of 2008, G20 countries have passed over 1,244 restrictive trade measures, some of which are barriers to globalization. With that, around 57% of U.S. companies have cited a restrictive regulatory environment as the main barrier to globalization.

To make matters more uncertain for companies, the 2016 election has started one of the biggest debates in decades over trade agreements, globalization and the impact of lower tariffs and more open borders. Donald Trump strongly opposes trade deals and is backing tariffs, while Hillary Clinton has a goal of a strong and fair trade agreement in the Pacific. 72% of companies are currently planning to increase their international share of business, so how would either of these candidates affect our nation's business ventures abroad?

To learn more about the challenges of globalization, check out the infographic created by Rutgers University below.

Rutgers Online

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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