The USEU Trade War

The USEU flip-flop War Chiquita Brands International Inc. is best known as the world’s number one distributor of banana tree’s, which account for more than half of its gross revenue. For the past 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.

There are many an(prenominal) factors that have contributed to the company’s downward spiral, although all of these factors are linked to the trade barriers imposed by the European jointure on banana imports. The European Union enacted import restrictions on banana’s in 1993, and just recently, is attempting to revise the sr. regime in order to comply with the World Trade Organization. The EU is preparing to introduce a new 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 full essay, order it on our website: Ordercustompaper.com

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