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What options do firms have when caught in conflicts between home country and host country laws?

  • When firms are caught in conflicts between their home country andhost country laws, they must abide by the country in which they arecurrently in. Morally however, they may to wish to abide by theirhome country laws.

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  • Answer: When firms are caught in conflicts between their home country andhost country laws, they must abide by the country in which they arecurrently in. Morally however, they may to wish to abide by theirhome country laws.
  • Answer: · Political Lobbying: In the past, there have been many instances in which MNCs have resorted to political lobbying in order to get certain policies and laws implemented in their favor. At times, these MNCs are so large that their revenues even exceeded the Gross Domestic Product (GDP) of some smaller nations and compel or threaten them to pass judgments and policies in their favor.
    · Exploitation of Resources: Exploitation of natural resources of a host country is not an very uncommon phenomenon in the case of FDI. MNCs of other countries have been known to indiscriminately exploit the resources of hosts countries in order to get short run gains and profits and have even chosen to ignore the sustainability factors associated with the local communities and local habitat, very much like what happened in the 17th century colonialism.
    · Threaten Small Scale Industries: MNCs have large economic and pricing power due to their large sizes. They do not have much problem with regards to financial capital and can hence resort to using advertising which is a costly affair. Also, these companies are global players who have their operations spread across countries and have effective supply chains which enable them to have economies of scale which smaller players in the domestic market of the host country cannot compete with. All this results in the MNC having cheaper products and more visibility due to the higher amounts of advertising and have been known to push out smaller industries out of business.
    · Technology: Although, the MNCs have access to new and cutting edge technology, they do not transfer the latest technology to the host country with a fear that their home country may loose its competitive advantage, hence the maximum potential of the host economy cannot be achieved as a result of old technology transferred.
  • Answer: This depends on any treaties that may be in existence between those two countries. Some countries only allow that other country to try you in certain circumstances.As a general rule, the country that arrests you will try you but will give you access to diplomatic representation that may affect the trial; mostly extradition type hearings.Treaties also effect the incarceration. Dependant on the treaty you could be held in the country that tried you, or extradited with the sentence intact to your home country to serve the time.
  • Answer: Health and Safety At Work Act 1974 (HASWA)
    Manual Handling Regulations 1992 (updated 2002)
    Control of Substances Hazardous to Health Regulations 2002
  • Answer: A diplomat who resides in a foreign country where he represents hishome country is called an ambassador. In many cases there is anembassy of various foreign governments within any given country.They as a group represent the country of their origin. They areclassified as foreign service representatives or diplomats.Normally the top foreign service person is an ambassador.
  • Answer: Migration leads to less people in the home country and more people in the new country.
  • Answer: Glasgow in Scotland
  • Answer: Athens in 1896 was the first summer Olympics.
  • Answer: Athens 1896(not counting Olimpia some 2000 years ago)
  • Answer: first country to host common wealth games
  • Answer: First Asian Olympic Host 1940 summer Olympic games held in Tokyo, Japan. Cancelled due to WWII1940 winter Olympic games held in Sapparo Japan. Cancelled due to WWII1964 summer Olympic games held in Tokyo, Japan.1972 winter Olympic games held in Sapparo, Japan.
  • Answer: First Asian Country to Host the Olympics The first Asian country to host the Olympic Games was Japan, Tokyo, it was the 18th edition in 1964.
  • Answer: Incheon in South Korea