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Foreboding Trends: Growing Suspicion of MNEs Motives

Foreboding Trends: Growing Suspicion of MNEs Motives. Most trade takes place among multinational corporations [that] are an enormous part of the economic activity of the world." 70% plus of cross-border world trade is conducted by multinationals.

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Foreboding Trends: Growing Suspicion of MNEs Motives

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  1. Foreboding Trends: Growing Suspicion of MNEs Motives • Most trade takes place among multinational corporations [that] are an enormous part of the economic activity of the world." • 70% plus of cross-border world trade is conducted by multinationals. • MNEs and Western Elites No Longer Concerned about Free Trade • Trade Deregulation and Tariff Reduction are Firmly Established • Goal is to Change the Rules of the Game

  2. Foreboding Trends: Growing Suspicion of MNEs Motives • Emergent Game: • Complex Set of Non-Trade Rules that address • Investment flexibility • No longer require a MNE to form joint ventures with domestic firms • Liberalize MNEs choice of capital, production, supply, distribution. • Remove barriers to moving factors of production • Intellectual Property Rights • All countries, rich and poor alike, must enforce the patent rights systems, installed by rich nations, to protect drugs, music, software, etc. • Virtually all rights are owned by rich nations. • Matters of Domestic Sovereignty • No limits on foreign ownership of natural resources • No limits on foreign ownership of national health systems, water systems, and other public service • The Matters of a stinking badge **

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