multinational corporation WTO licensing tariff CAFTA-DR government import standard global consistency wholly owned affiliate policy uncertainty General Electric owns businesses in China, Malaysia, Australia, Finland, Egypt, Canada, and Venezuela, making it a French producers of foie gras (fattened duck or goose liver) worried about when they heard of California's plans to enact a law banning the sale of the delicacy. To keep China from selling solar panels for less than they are worth, the panels are subject to a 31% When TTY Biopharm (a Taiwanese company) paid a fee to BioDelivery Sciences International (a U.S. pharmaceutical manufacturer), it purchased the rights to produce and sell the American company's painkilling drug in Taiwan. The advantage of company's locations, simplifying decision making. Taiwan used a protect their beef industry from foreign competition. is that it standardizes policies and procedures across all of a on beef to protect their citizens from mad cow disease and to When Heineken wanted to expand into Spain, it purchased 100% of five Spanish breweries from Guinness and combined them with Heineken's other Spanish breweries to create a Heineken Espaa S.A. The successor to GATT, the is made up of 153 countries that work together to decrease trading barriers, protect intellectual property rights, and resolve trade disputes between countries. An agreement between the countries in Central America, the Dominican Republic, and the United States, increased U.S. exports to other countries in the agreement by 16% per year.