October 8, 2015

Homework Help: business

Posted by joni on Sunday, February 25, 2007 at 12:46am.

Small companies typically have difficulty competing against large multinationals when their governments take part in regional trade blocs. What could governments do to help their small companies compete after the formation of such blocs?

Governments mpose tariffs on that and other imports of the offending countries. With all the free trade agreements nowadays, there are usually international tribunals to settle such disputes.

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