Question in International Business please??

Question

There are only three nations in the world that are not members of some sort of economic integration agreement. Why might this be the case?

Answer 1

With regards to the World Trade Organization, critisism includes that the stated aim of the WTO is to promote free trade and stimulate economic growth. Many people argue that free trade does not make ordinary people's lives more prosperous but only results in the rich (both people and countries) becoming richer. WTO treaties have also been accused of a partial and unfair bias toward multinational corporations and wealthy nations.

Critics contend that small countries in the WTO wield little influence, and despite the WTO aim of helping the developing countries, the influential nations in the WTO focus on their own commercial interests. They also claim that the issues of health, safety and environment are steadfastly ignored..

Martin Khor argues that the WTO does not manage the global economy impartially, but in its operation has a systematic bias toward rich countries and multinational corporations, harming smaller states which have less negotiation power. Some examples of this bias are: (1) rich countries are able to maintain high import duties and quotas in certain products, blocking imports from developing countries (e.g. clothing); (2) the increase in non-tariff barriers such as anti-dumping measures allowed against developing countries; (3) the maintenance of high protection of agriculture in developed countries while developing ones are pressed to open their markets; (4) many developing countries do not have the capacity to follow the negotiations and participate actively in the Uruguay Round; and (5) the TRIPs agreement which limits developing countries from utilizing some technology that originates from abroad in their local systems (including medicines and agricultural products).

Jagdish Bhagwati, although pro-free trade and pro-globalization, has strongly criticized the introduction of TRIPs (forum shifting) into the WTO/GATT framework. His fear is that other non-trade agendas might overwhelm the organization's function.

Many non-governmental organizations, such as the World Federalist Movement, are calling for the creation of a WTO parliamentary assembly to allow for more democratic participation in WTO decision making [8]. Dr Caroline Lucas recommended that such an assembly "have a more prominent role to play in the form of parliamentary scrutiny, and also in the wider efforts to reform the WTO processes, and its rules" [9]. However, Dr Raoul Marc Jennar argues that a consultative parliamentary assembly would be ineffective for the following reasons [10]:

* It does not resolve the problem of “informal meetings” whereby industrialized countries negotiate the most important decisions;
* It does not reduce the de facto inequality which exists between countries with regards to an effective and efficient participation to all activities within all WTO bodies;
* It does not rectify the multiple violations of the general principles of law which affect the dispute settlement mechanism.

Answer 2

kin company :- A company constrained in a undeniable territory (eg in a undeniable us of a).. and have not have been given any hyperlink with the outer international is a "kin company"... international company :- A company assorted in many countries is named a international company.... An occasion wud be efficient to differentiate between the two... A) a individual imparting each and every of the supply at ur close by save is working below a kin company... B) A multi-national enterprise eg PEPSI is keeping a international company... i'm hoping this wud be the respond...