GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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18:12 Aug 22, 2001 |
Spanish to English translations [PRO] Bus/Financial | |||||||
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| Selected response from: CCW | ||||||
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Summary of answers provided | ||||
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na +3 | added cost |
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added cost Explanation: es el término que se emplea: La Organización Mundial de Comercio lo utiliza: "Third, the potential profits from "internalizing" the exploitation of the assets are greater than from licensing the assets to foreign firms and are sufficient to make it worthwhile for the firm to incur the added costs of managing a large, geographically dispersed organization." "Many benefits from internalization have been identified in the literature. One category are those that stem from the avoidance of the transaction costs associated with arm's length market transactions. Such costs include those of contracting and quality assurance in dealing with suppliers, with export/import firms and with foreign licensees." experiencia propia Reference: http://www.wto.org/english/news_e/pres96_e/pr057_e.htm |
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Grading comment
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