In 1995,the OECD Initiated Talks Between Its Members with the Aim

question 54

Multiple Choice

In 1995,the OECD initiated talks between its members with the aim of drafting a multilateral agreement on investment (MAI) that would:

• A)liberalize rules governing FDI between OECD states.
• B)contain environmental and labor agreements that were binding on the signatories.
• C)free signatory states to pick and choose their individual FDI policies.
• D)make it legal for signatory states to discriminate against foreign investors.

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Definitions:

Phenomenologists

Scholars or philosophers who study phenomenology, focusing on the conscious experience and the essence of phenomena.

Positivists

A philosophical approach that emphasizes empirical and scientific methods to determine and verify positive facts.

Labeling Theory

A sociological theory that suggests the labels or definitions society applies to individuals can influence their behavior and self-identity.

Deviance

Actions or behaviors that contravene established societal standards and anticipations.