Labor and environmental requirements management of

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Unformatted text preview: competitors Research and product innovation Would multinationals prefer WTO or bilateral / regional FTAs? – why? • Emphasize benefits of trade • Increased openness to competition post-Doha round 3/9/2014 Page: 27 • Fewer labor and environmental constraints • Advantages of larger and richer nations GUY SHANI , 2014 - STRATEGY 310 - THE WORLD ECONOMY - SESSION 10 3. WTO, regional, business and trade agreements International location of firms Allows exploitation of complementary competitive advantages E.g., retail chains and supermarkets in the Mercosur block 3/9/2014 Page: 28 E.g., value chain of Volkswagen in EU Allows scale economies and consolidation of facilities GUY SHANI , 2014 - STRATEGY 310 - THE WORLD ECONOMY - SESSION 10 14 Takeaways • The promotion of international trade • Overcoming special interest groups • WTO’s role • Rules of the WTO and how firms can use them • Other trade promotion agreements • Bilateral, regional and preferential trade agreements • Problems associated with these types of agreements 3/9/2014 Page: 29 GUY SHANI , 2014 - STRATEGY 310 - THE WORLD ECONOMY - SESSION 10 30 GUY SHANI , 2014 - STRATEGY 310 - THE WORLD ECONOMY - SESSION 10 End 3/9/2014 15...
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This note was uploaded on 04/02/2014 for the course STRATEGY 310 taught by Professor Staff during the Winter '08 term at University of Michigan.

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