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Essay Archive - Global Economy and the Environment
Global Economy and the Environment
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 into a
host country, there are economic, political, social and environmental impacts
that result from their corporate actions. In many cases, it is certainly
possible that it can end up in a win-win situation, if the host country and the
MNCUs both work mutually. However there ....
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