Trade tariffs index

According to the global index of trade tariffs, the nation ranks among the top nations. Due to Israel's removal of trade barriers with the US, it is now a profitable place to do business. Furthermore, the nation has a deep religious heritage, particularly Jewish Judaism, which influences how commercial activities are conducted (Israel - Market Overview, 2017). The interaction between locals and businesses, which influences business practices, is influenced to a lesser extent by Christians and evangelicals.
Since Israel and the United States no longer have any trade tariffs, direct marketing will be a helpful entry technique for trade with this country (Israel - Market Overview, 2017). The elimination of the trade tariffs will reduce the cost of investment and also allow the business to interact with locals when conducting business.

Moreover, the country is headed by the president and the prime minister who provide the local authority for international interactions (Israel - Market Overview, 2017). However, for the security of the firm, the country offers various institutions like the ministry of justice, the ministry of finance, and customs department. These agencies are responsible for registration and explanation on the protection of assets and contract provisions. The country also has informal personal relationships within the business environment which impact on the way businesses is conducted.

Israel faces currency devaluations when communicating the gospel of Jesus; a firm enjoys such opportunities as more customers for the business as Christians dominate the population. Also, one gains full immigration rights for national identity (Israel | Operation World, 2017). However, challenges a business can face include the threat of losing non-Christian customers for the business like the Arab evangelicals. Therefore, the focus of prayer should be on the unity among the Arab Christians and the Messianic Jews which will promote peace and cooperation (Israel | Operation World, 2017).



References

Israel - Market Overview | export.gov. (2017). Export.gov. Retrieved 21 September 2017, from https://www.export.gov/article?id=Israel-Market-Overview

Israel | Operation World. (2017). Operationworld.org. Retrieved 21 September 2017, from http://www.operationworld.org/isra

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