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Substantial Impediments, Such as Barriers to Foreign Direct Investment, Make

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Substantial impediments, such as barriers to foreign direct investment, make it difficult for firms to achieve the optimal dispersion of their productive activities to locations around the globe.


Definitions:

Authority

The capability or entitlement to direct, determine outcomes, and mandate adherence.

Contract

A contract recognized and upheld by law, which involves two or more parties entering into an agreement with legal obligations.

Power of Attorney

A legal document that allows one person to act on another's behalf, often in financial or health-related matters.

Equal Dignity Rule

A legal principle that requires certain contracts or agreements made by agents on behalf of a principal to be in writing if the contract itself must be in writing.

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