1. Global strategies
  2. Trading illegally

Trading illegally

Description

Trading illegally involves the unauthorized exchange of goods or services, bypassing legal regulations, tariffs, or sanctions to achieve economic gain or access restricted markets. This strategy is often employed to circumvent prohibitive costs, shortages, or trade barriers. While it can provide short-term remedies to supply constraints or financial pressures, it undermines legal frameworks, distorts markets, and can facilitate further criminal activity, necessitating robust enforcement and regulatory measures to counteract its negative impacts.This information has been generated by artificial intelligence.

Broader

Trading
Unpresentable

Narrower

Insider dealing
Yet to rate

Problem

Insider dealing
Presentable

Value

Illegality
Yet to rate

SDG

Sustainable Development Goal #16: Peace and Justice Strong Institutions

Metadata

Database
Global strategies
Type
(D) Detailed strategies
Subject
  • Commerce » Trade
  • Law » Legality
  • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    1A4N
    V5372
    DOCID
    13253720
    D7NID
    209277
    Editing link
    Official link
    Last update
    Dec 3, 2024