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Discuss the Various Ways MNCs Have Influenced the Structures of Power

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Essay

Discuss the various ways MNCs have influenced the structures of power in the international system in recent years.Will the MNC ever challenge the nation-state? Provide a scenario in which such a challenge could take place.


Definitions:

Self-Fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true due to positive feedback between belief and behavior.

Existing Schemas

Pre-established cognitive frameworks or concepts that help individuals organize and interpret information based on past experiences.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses.

Worldview

The foundational beliefs and perceptions through which an individual interprets and understands the world around them.

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