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Discussion 1) Is an MNC generally faced with incurring double taxation on its profits in the subsidiary's country? Why or why not? 2) The reason

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1) Is an MNC generally faced with incurring double taxation on its profits in the subsidiary's country? Why or why not?

2) "The reason the government has to step in and 'internalize' benefit and cost externalities is because people are basically selfish." Do you agree or disagree and why?

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