The USEU Trade War

The USEU flip-flop War Chiquita Brands International Inc. is best k nown as the world’s number one distributor of banana tree’s, which account for more than half of its gross revenue. For the outgoing decade, Chiquita’s sales have dropped dramatically and the company is now on the enclosure of bankruptcy. Currently, Chiquita is trying to avoid filing for a Chapter 11 by attempting a major financial restructuring of their debt.

thither are many an(prenominal) factors that have contributed to the company’s down spiral, although all of these factors are linked to the trade barriers imposed by the European jointure on banana imports. The European pairing enacted import restrictions on banana’s in 1993, and notwithstanding recently, is attempting to revise the sr. regime in order to play along with the World Trade Organization. The EU is preparing to introduce a in the raw import scheme dubbed “first-come first-served” which they believe will be a WTO compatible system. Chiquita filed a laws...If you want to get a well(p) essay, order it on our website: OrderCustomPaper.com

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