Emergency measure taken when increased imports of particular products cause or threaten to cause serious injury to the importing country´s domestic industry. World Trade Organization (WTO) permits two forms of multilateral safeguards: (a) a country´s right to impose temporary import…
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A sister company is a company with close affiliations to another company with a separate name and personnel. Both companies are owned by the same parent and are considered subsidiaries of the larger company. While some subsidiaries are not closely…
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