ABSTRACT
The political environment that MNCs face is a complex one because they must cope with the politics of more than one nation. That complexity forces MNCs to consider the three different types of political environment: foreign, domestic, and international (see Cultural Dimension 4.1). As in the case of the US steel industry, it has received a variety of subsidy and government protection for more than thirty years. George W. Bush continued the assistance by imposing quotas for three years, and politics may have played a role. The action
producing states. Bush was criticized for shunning free trade for the “pleasure of political opportunism.”2 The measures were like new taxes that would cost consumers of steel products $8 billion.
