North American Free Trade Agreement (NAFTA)
Free trade area between Canada , Mexico , and the United States
Political risk
The likelihood that political forces will cause drastic changes in a country’s business environment that adversely affect the profit and other goals of a particular business enterprise.
Polycentric staffing
A staffing policy in an MNE in which host-country nationals are recruited to manage subsidiaries in their own country, while parent-country nationals occupy key positions at corporate headquarters.
Positive sum game
A situation in which all countries can benefit even if some benefit more that others.