Economics of Globalization use the imformation write a memo
You are on the regulatory compliance office at Deutsche Bank AG. Your boss has tasked you with explaining to the venture capital division of the bank why you cannot do business in Iran in the current sanctions environment. Specifically, you will need to talk about the sanctions imposed by the US and the effects if you did do business in Iran. You will need to be sure you look into differences the accounting principles in Europe vs US. Remember, your bank does business in both.
This is an internal memo.
Impacts of Sanctions on Business
Businesses always need to consider the business environment beforean investment in different regions. In particular, the market demographics and legal aspects in a particular environment are bound to influence policies by a particular firm, and to some extent,influence the chances that a particular firm would invest in a certain region.