Many of us tend to think of the Presidential elections only as an issue within the United States. The truth is though that this has a direct impact on what will happen within the global economy and business community as well.

1. It can have a direct impact on the international economy: This is probably the greatest impact that such an election can have. Depending on who is elected, the perception of that person alone can have very long lasting impacts on the global economy. It can in turn hurt business relationships that previously existed or prevent new ones from forming. The world watches to see who is elected as this will affect not only the local economy within the US, but that of the world as well.

2. If taxes are to be raised, this can affect spending and the stock market: When an individual takes their place in the White House, people know that taxes will either be raised or remain the same. Therefore the world watches to see what happens as this will affect business in the process. Either business will thrive as there are less restrictions or it will come to a screeching halt as others fight to keep up with the new taxes and likely new policies that come about due to this change. New or higher taxes not only affect the US business place, but the global business center in the process.

3. The outcome can really impact trade agreements and outcomes: One of the things that the worldwide business community wants to see is how an election will impact trade. Each President has different views on how much trade is healthy and how the processes need to be. There are new standards, new agreements, and sometimes some rather large changes that are associated with a new President. If trade becomes more restricted, this obviously has an enormous outcome on the worldwide business community.

4. International policy can not only impact government issues, but business issues as well: Oftentimes a President has involvement within the business community. They come with their own experiences, background, and beliefs and therefore they have a say in what happens with the business issues and practices of the United States. Whether they have a business background or have been an active participant in the global business community, they will have some policies that affect it. Therefore companies wait to see what they do and what sort of policies that they create, as they will affect them greatly.

5. It can affect the involvement that the US has in foreign issues: If the US has policies that involve military force or even war in certain countries, this will have a dramatic impact on the global community. This will show how a President wants to handle international issues and depending on the outcome, you will see a better or worse global economy.

You may not think that these issues will affect the global business community, but they do. They have a direct impact as to what happens in the short and long term, and what the business community abroad will do.

Mary Frederick often enjoys blogging about program information for international business masters degrees online.