In the present business environment governments have the power to change and make laws, having a major role and influence on the business environment. There are three levels of government; federal, state and local.         The federal government has power over such areas as; company law, income tax, trade etc. State government has power over pollution, price controls, state courts etc. and local government has power over rates, building approvals and zoning. Through zoning the local …showed first 75 words of 407 total…

…showed last 75 words of 407 total…and cause unemployment levels to fall.         Trade policies influence the exchange rate and determines the levels of production for Australian industries. Trade policies include tariffs, quotas, embargoes and subsidies, to protect businesses from foreign competition. Trade policies help the economy by encouraging Australians to buy Australian products.         The federal governments role in the present business environment is to promote economic growth, keep unemployment at a minimum, and protect businesses from foreign competition, by creating policies.