The USEU flip-flop War Chiquita Brands International Inc. is best k straight offn as the world’s number one distributor of banana tree tree’s, which account for more than half of its gross revenue. For the last(prenominal) decade, Chiquita’s sales have dropped dramatically and the company is now on the enclosure of bankruptcy. Currently, Chiquita is trying to avoid filing for a Chapter 11 by attempting a major financial restructuring of their debt.
at that place are many an(prenominal) factors that have contributed to the company’s down(prenominal) s piral, although all of these factors are linked to the trade barriers imposed by the European jointure on banana imports. The European summation enacted import restrictions on banana’s in 1993, and equitable recently, is attempting to revise the sr. regime in order to succeed with the World Trade Organization. The EU is preparing to introduce a sassy import scheme dubbed “first-come first-served” which they believe will be a WTO compatible system. Chiquita filed a laws...If you want to get a panoptic essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper