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Global Economy And The Environment

Beginning of essay

As the global economy gets integrated, national or local corporations will gradually transform in to a multinational corporation (MNC). When this type of development occurs, the host countries are usually the ones that become the immediate stake holders. This is because when a MNC sets its foot ....

Middle of essay

....to the fact that they are not complying to the RtraditionalS methods. Another important aspect is the fact that in any international trade agreement, a MNC is most likely going to shift their production to a lesser developed country. This is because LDCUs are a good target for cheap labor and low start-up costs. In Robert PastorUs essay, he mentions the term maquiladoras; Rcheaper labor that allows them (Mexicans) to assemble parts, import from the U.S. and then reexport the assembl....
Number of words: 955 Approximate pages: 4

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