The USEU Trade War

The USEU flip-flop War Chiquita Brands International Inc. is best k in a flashn as the world’s number one distributor of banana tree tree’s, which account for more than half of its gross revenue. For the last(prenominal) 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 descending(prenominal) spir al, although all of these factors are linked to the trade barriers imposed by the European jointure on banana imports. The European northern enacted import restrictions on banana’s in 1993, and skillful recently, is attempting to revise the sr. regime in order to approve with the World Trade Organization. The EU is preparing to introduce a innovative 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 amply essay, order it on our website: OrderCustomPaper.com

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