This is the time of ever-increasing competition between corporations forcing them to make the most of resources available to them and when there are no better resources available to corporations, they do not hesitate to cross borders and exploit resources offered by other states. Technology and growth in rising demands have made it a lot easier and feasible for businesses to look over their national boundaries. Incentives that drive corporations and individuals to take such steps are numerous, and are not the focus of this paper. It is interesting to note that past few decades have seen the boom in multinational corporations.
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