Discuss the similarities between the provisions for trade-in-services in the GATS and NAFTA?

What will be an ideal response?


The trade-in-services provisions in NAFTA are very similar to those found in GATS. As is the case with GATS, each of the NAFTA countries (Canada, Mexico, and the United States) has to observe the basic rules of transparency, MFN treatment, and national treatment. In addition, each NAFTA country is required to accord the better of national or MFN treatment to services and service suppliers of the other two countries. Also, as in GATS, service providers establishing a commercial presence in NAFTA countries, including providers from non-NAFTA states, are granted several important rights, including the right to be free from performance requirements, the right to make inward and outward transfers, the right to have the international standard of care doctrine applied to expropriations, and the right to have investor–state disputes resolved by binding international arbitration.

Business

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Answer the following statement true (T) or false (F)

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Kohlmeier Industries had $87,950 of annual payroll taxes during the lookback period. The firm pays its employees biweekly on Wednesdays. Assuming that no payday has a tax liability in excess of $100,000, when are the payroll tax deposits due?

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Business

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Fill in the blank(s) with the appropriate word(s).

Business

How is it possible to ignore cash dividends that occur far into the future when using a dividend discount model? Those dividends:

A) have an insignificant present value. B) will be paid to a different investor. C) will not be paid by the firm. D) ignore the tax consequences of future dividends.

Business