International Economic Affairs consists of the fundamentally close link between nations through trade in goods and services, through flows of money, through a heightened investment in each other’s economies. This has led to large inflows of capital; money that is being invested by foreign entities, which are willing to take a stake in the host economy. However, it is important to note that when for instance a U.S. based parent company - specialized in gourmet food - sells imported coffee beans from its Mexican subsidiary, several implications on the commercial and fiscal-judicial level need to be taken into account. The sovereignty of states can cause a clash on the business level due to international trade- and investment policies and procedures.
“Quality is never an accident. It is always a result of intelligent effort. There must be the will to produce superior things.”
John Ruskin (08/02/1819 – 20/01/1900), English writer, art critic and philanthropist
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