Implications of Multinational Firms for World Trade and Investment and for U.S. Trade and Labor: Report to the Committee on Finance of the United States Senate and Its Subcommittee on International Trade on Investigation No. 332-69, Under Section 332 of the Tariff Act of 1930, 49권

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Conclusions
56
Tax issues and the multinational corporation
68
Extraterritoriality of the Securities and Exchange Act
74
VOLUME
76
Method
84
Magnitude and patterns of the expansion of multinational
94
Evolutionary process
106
73
113
Incentives thrown up by different treatment under different
122
A catalog of the alleged economic and policy problems posed
128
Antitrust legislation
149
Do the problemsor costgenerated
165
Page
168
Tables
172
Summary of U S private balances of payments by
196
Geographic breakdown
202
74
211
The Belgian balance of payments 1966 and 1970
217
75
219
The Brazilian balance of payments 1966 and 1970
223
27Z ZZZZZ 2 8 88
227
A3 Balance of payments of the U S with Japan 1966 and 1970
229
A6 and A7 Balance of payments of U K 1966 and 1970 236237
236
A8 and A9 Balance of payments of BelgiumLuxembourg 1966
241
A7 Plant and equipment expenditures by U S owned MNCs and their
246
A12 and A13 Balance of payments of West Germany 1966
250
A14 and A15 Balance of payments of Brazil 1966 and 1970256257
256
Appendix B Characteristics of the income and investment
264
Introduction
266
Tables
278
U S goods vs MOFA exports
292
The distribution of MNCrelated U S exports by affiliation
301
Intracompany trade and its impact on MNCrelated exports
314
The impact of the MNCs on U S foreign trade
321
U S private current account aggregate and MNCgenerated
332
531
343
Calculation of estimated maximum gain or loss
347
532
351
Statistical appendix
353
Exports of the world and of selected
354
534
359
Exports of U S merchandise
360
Worldwide exports of majority
364
Change in worldwide intra
371
544
372
Exports of the United States
378
Exports of U S MNCs and
379
U S exports by country
383
Exports to the United States
389
A listing of manufacturing industries whose trade
391
Gross fixed capital formation in manufacturing in eight
394
The geographic distribution of plant and equipment expenditures
400
The geographic and sectoral distribution of U S owned foreign
406
Capital productivity in manufacturing in seven countries
415
A summary of financial and operating data for parents
432
Estimated shortterm asset and liability positions of principal
537
A1 Representative money market rates and deviations of U S rates
548
VOLUME III
550
R D spending in all firms and in MNCs United States
556
Comparison of R D intensity in U S industries with
563
A summary of the MNCs impact on OECD exports
570
Comparison of R D intensity and trade variables
574
R D spending by multinational firms in manufacturing
582
Comparisons of changes in trade performance MNCs
595
Payments and receipts on royalties and fees accounts
599
Impact of the Multinational Firm on Labor
605
The impact of the MNCs on the growth of output
619
Sales per man all employees
631
Average unit labor costs comparison
637
job creation
645
Case 1 1970
652
Case 2 1970
665
Estimated basic employment labor
691
A17 and A18 Estimated employment in manufacturing industries
707
Comparison of all firm and
713
Comparison of
719
A36 and A37 Indexes of estimated average hourly compensation
726
A42 Estimated average hourly compensation paid
732
Comparison of all firm and MNC data
736
Comparison of all firm and MNC data
737
Comparison of
743
A60 and A61 Indexes of estimated sales per man all employees
750
Sales per man all employees
757
Sales per man
763
Sales per man all employees
769
Appendix tables continued
771
sales per production worker comparison of allfirm
777
sales per production worker
783
A99 Estimated average unit labor costs all employees selected
789
A102 Unit labor costs in U S based MNCs manufacturing 1966
792
average unit labor costs comparison of allfirm
798
average unit labor costs
804
Appendix B Methodological notes for part C
809
Legal problems
818
U S and foreign antitrust regulations continued
820
1
821
Development and present status of the extraterritorial applica
827
Recent developments in U S antitrust regulation
834
Japanese antimonopoly legislation
849
Restrictive business practices control in Great Britain
856
Conclusions
864
61
870
20
877
47
891
A list of tax treaties in effect between the United States
896
58
908
Jurisdiction of international tribunals in foreign investment
909
Extraterritoriality of the Securities and Exchange Act
919
United States foreign direct investment controls
925
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830 페이지 - Under the Sherman Act a combination formed for the purpose and with the effect of raising, depressing, fixing, pegging, or stabilizing the price of a commodity in interstate or foreign commerce is illegal per se.
835 페이지 - An Act to create a Federal Trade Commission, to define its powers and duties, and for other purposes," approved September twenty-sixth, nineteen hundred and fourteen, shall be construed as extending to unfair methods of competition used in export trade against competitors engaged in export trade, even though the acts constituting such unfair methods are done without the territorial jurisdiction of the United States.
878 페이지 - Secretary or his delegate may distribute, apportion, or allocate gross income, deductions, credits, or allowances between or among such organizations, trades, or businesses, if he determines that such distribution, apportionment, or allocation is necessary in order to prevent evasion of taxes or clearly to reflect the income of any of such organizations, trades, or businesses.
171 페이지 - Accounts prepared by the Bureau of Economic Analysis of the US Department of Commerce.
881 페이지 - ... shall be included in the gross income of such person as a dividend, to the extent of the earnings and profits of the foreign corporation...
830 페이지 - Act only embraced acts or contracts or agreements or combinations which operated to the prejudice of the public interests by unduly restricting competition or unduly obstructing the due course of trade or which, either because of their inherent nature or effect or because of the evident purpose of the acts, etc., injuriously restrained trade, that the words as used in the statute were designed to have and did have but a like significance.
914 페이지 - This principle, which is accepted by general international law in the matter of arbitration, assumes particular force when the international tribunal is no longer an arbitral tribunal constituted by virtue of a special agreement between the parties for the purpose of adjudicating on a particular dispute, but is an institution which has been pre-established by an international instrument defining its jurisdiction and regulating its operation...
878 페이지 - Commissioner is authorized to distribute, apportion, or allocate gross income or deductions between or among such organizations, trades, or businesses, if he determines that such distribution, apportionment, or allocation is necessary in order to prevent evasion of taxes or clearly to reflect the income of any of such organizations, trades, or businesses.
912 페이지 - It is well established in international law that no State can, without its consent, be compelled to submit its disputes with other States either to mediation or to arbitration, or to any other kind of pacific settlement. Such consent can be given once and for all in the form of an obligation freely undertaken, but it can, on the contrary, also be given in a special case apart from any existing obligation.
875 페이지 - ... where it was plain to the judicial mind that the power had been called into play, not for revenue, but solely for the purpose of destroying rights which could not be rightfully destroyed consistently with the principles of freedom and justice upon which the Constitution rests, that it would be the duty of the courts to say that such an arbitrary act was not merely an abuse of a delegated power, but was the exercise of an authority not conferred.

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