Question 1: As Multinational Corporations (MNCs) have become a growing force in world trade they have attracted supporters and critics. Briefly discuss the arguments put forward by both sides. Explain how the WTO Organisation assists in managing world trade. Advantages and disadvantages of MNC’s: Advantages: • MNC’s impact on host country: • Capital Formation (money which comes into the country) • Technology transfer • Regional and sectoral development • Internal Competition and Entrepreneurship
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CHAPTER 19 CORPORATIONS 1. – THE NATURE AND CLASSIFICATION OF CORPORATIONS A corporation is a legal entity created and recognized by state law. It can consist of one or two persons identified under a common name. CORPORATE PERSONNEL When an individual purchases a share of stock in a corporation‚ that person becomes a shareholder and owner of the corporation. Shareholder and corporations are liable. THE LIMITED LIABILITY OF SHAREHOLDER One of the key advantages of the corporate forms
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Whirlpool Corporation’s Global Strategy We want to be able to take the best capabilities we have and leverage them in all our companies worldwide. David Whitman‚ Whirlpool CEO‚ 1994 Quoted in the Harvard Business Review In 1989‚ Whirlpool Corporation (Whirlpool) embarked on an ambitious global expansion with the objective of becoming the world market leader in home appliances. Beginning with the purchase of a majority stake in an appliance company owned by Philips‚ the Dutch electronics firm
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УДК 339.5:811.111 RUSSIA & WTO: PROS AND CONS OF ACCESSION Санникова М. В. Научный руководитель – старший преподаватель Корниенко В.В. Сибирский федеральный университет Introduction Recently‚ subjects of the World Trade Organization (WTO) and the accession of Russia became dominant in public discourse in our country. In the discussion involved officials‚ politicians‚ parliamentarians‚ businessmen. Defenders of the WTO membership declare that without the participation of the World Trade
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Suu Kyi is a activist for democracy and the leader of the National League for Democracy in Burma. She is globally known as a political activist and has been awarded several prizes including the Nobel Peace Prize. The speech “keynote Address at the Beijing World Conference on Women” was delivered on the 31st of August 1995. Prior to delivering the speech in 1990 Aung San Suu Kyi was elected into government. However‚ the SLORC refused to hand power over to her and she was put under house arrest. Because
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this case note is to highlight the relevance for international environmental law of the recent World Trade Organization (WTO) decision on the use of positive ’ conditionality in the Generalized System of Preferences (GSP) of the European Community (EC). 1 Although the India-EC GSP dispute was not directly concerned with environmental conditionality per se ‚ this WTO ruling has‚ nevertheless‚ broader implications for the EC ’s capacity to use unilateral trade preferences as an incentive
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MONEY AND POLITICS: THE CASE OF PARTY NOMINATIONS IN KENYA. INTRODUCTION The impact of money on politics is unquestionable. The availability or otherwise of money has enormous influence on the conduct and nature of general elections in all democracies whether consolidated or transitional. It is now common knowledge that elections have become very costly not only to the governments that have to manage them‚ but also to the political parties and individual candidates. The high costs of elections have
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and functioning of the WTO. To say the least‚ the economic history of the human kind can conveniently be divided into pre WTO era and post WTO era. While the WTO regime is compelling every country in the world to readjust‚ reformat‚ redesign their economic system to synchronise with WTO regime. Those countries are also doing considerable amount of research for developing propositions‚ positions and formulations to develop appropriate strategies to meet the challenges of WTO regime and to assure fair
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Case report: BEIJING EAPS CONSULTING INC. Q1. What is the organizational structure of Beijing EAPS Consulting (BEC) before 2006? And‚ what are the advantages and the disadvantages regarding this structure? Before 2006‚ Beijing EAPS Consulting Company’s structure was established by organic and informal structure. Organic structure is a network and emphasis horizontal specialization‚ extensive use of personal coordination‚ and wide communication among members with loose rules‚ policies‚ and procedures
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UNITED STATES - IMPORT PROHIBITION OF CERTAIN SHRIMP AND SHRIMP PRODUCTS WT/DS58 Complainants:India‚ Malaysia‚ Pakistan and Thailand Respondent:United States of America (USA) Third Parties:Australia‚ Nigeria‚ Ecuador‚ Hong Kong‚ China‚ European Communities (EC)‚ Canada‚ Colombia‚ Costa Rica‚ el Salvador‚ Gautemala‚ Japan‚ Mexico‚ Phillipines‚ Senegal‚ Singapore‚ Sri Lanka‚ Venezuela. Measure at issue: US import prohibition of shrimp and shrimp products from non-certified countries (i.e. countries
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