Examlex
What employment practices should MNEs follow abroad according to the international codes of conduct?
Multinational Corporation
An enterprise operating in several countries but managed from one (home) country, typically having a centralized head office where they coordinate global management.
Host Country
The country in which a multinational company operates a facility outside of its home base, subject to the host country's laws, regulations, and cultural expectations.
World Trade Organization
The World Trade Organization (WTO) is an international organization that regulates and facilitates international trade between nations, aiming to ensure smooth, fair, and free trade.
International Trade
The exchange of goods, services, and capital across international borders or territories, fostering global economic integration.
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