The Multilateral Agreement on Investment (MAI)began to Be Negotiated in the OECD

question 27

Multiple Choice

The Multilateral Agreement on Investment (MAI) began to be negotiated in the OECD in May 1995 to further liberalize FDI and provide greater security to MNCs.It was based on two central principles:

• A) national treatment and most favored nation.
• B) domestic favoritism and most favored nation.
• C) national treatment and least favored nation.
• D) fair compensation and remittance rights.
• E) national treatment and fair compensation.

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Definitions:

British Columbia

A province located on the west coast of Canada, known for its natural beauty, including mountains, forests, and coastline.

Taxable Income

Taxable Income is the amount of an individual's or a company's income used to determine how much tax will be owed to the federal government.

Marginal Tax Rate

The rate of tax applied to your next dollar of income, representing the percentage of tax you pay on any additional income.

Marginal Tax Rate

This represents the percentage of tax applied to an individual's or corporation's last dollar of income, indicating the tax impact on incremental income.