The Reason Why There Are No Comprehensive International Investment Rules

question 36

Multiple Choice

The reason why there are no comprehensive international investment rules is that

• A) governments have never tried to create multilateral rules.
• B) the OCED and WTO rules have already created effective comprehensive guidelines.
• C) conflict between capital-exporting advanced industrial countries and the capital-importing developing countries has prevented agreement on such rules.
• D) conflict between capital-exporting developing countries and the capital-importing advanced industrial countries has prevented agreement on such rules.
• E) MNCs have already created rules on their own initiative.

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Definitions:

Workers' Rights

Encompass a range of legal rights and protections afforded to workers, including the rights to safe working conditions, fair pay, and freedom from discrimination.

Neoliberal Market Ideology

An economic philosophy advocating for minimal state intervention in the economy, emphasizing free markets, privatization, and deregulation.

Employment Relationship

Describes the legal and practical connection between employers and employees, encompassing rights, responsibilities, and obligations.

Labor Unions

Organizations that represent the collective interests of workers, negotiating wages, working conditions, and benefits with employers.