Ciquita development

Chiquita 1Who or what to blame for Chiquitas pecuniary difficulties? The main reason for Chiquitas fiscal problems was the inappropriate management. The autobus did not understand the situation in the international market in 1993 well and was not establish to change the federations international system regarding new quotas from EU, as it did other(a) banana trees exporter companies. As Chiquita was greatly dependent on European market, the main precedency for it should strike been the good relationship with EU authorities. Also the manager could belief the situation and change the tell of raising bananas from Latin the States to countries EU indispensabilityed to help. 2.What the implications if Chiquita prevails and the EU is coerce to suppress its quota regime? What argon the implications if the EU refuses to change its quota policies? Under the capital of Togo normal the EU utilize to agree to buy 8% of its bananas from origin colonies in the Caribbean. These banana sales atomic number 18 life-and-death to the livelihoods of 200,000 volume in countries where unemployment range are 30-50%. The Chiquita Company is a U.S. company that owns banana plantations in Colombia, Costa Rica, Honduras and Panama where thousands of underpaid workers are loose to dangerous pesticides and unions are banned. Chiquita supplies 50% of the EUs banana imports each(prenominal) year, save wants an even larger market share.

Chiquita grows no bananas in the US, except few age after the corporation donated $500,000 to the republican ships company the Clinton/Gore administration filed a complaint with the WTO on behalf of Chiquita. The WTO govern in estimation of the U.S. and Chiquita. The EU initially refused to coincide with the WTO ruling, Chiquita hence donated $350,000 to the Republican troupe and the Republican-dominated Congress prepared law to raise tariffs on goods trade from the EU as penalization for refusing to comply... If you want to get a full essay, order it on our website: Orderessay

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