Chiquita 1Who or what to blame for Chiquitas monetary difficulties? The main reason for Chiquitas fiscal problems was the inappropriate management. The autobus did not understand the situation in the international market in 1993 well and was not prep be to change the federations international system regarding new quotas from EU, as it did other(a) banana trees exporter companies. As Chiquita was greatly dependent on European market, the main precedency for it should go been the good relationship with EU authorities. Also the manager could retrieve the situation and change the mystify of raising bananas from Latin the States to countries EU indispensabilityed to help. 2.What the implications if Chiquita prevails and the EU is strained to suppress its quota regime? What ar the implications if the EU refuses to change its quota policies? Under the capital of Togo normal the EU utilize to agree to buy 8% of its bananas from origin colonies in the Caribbean. These banana sales be decisive to the livelihoods of 200,000 volume in countries where unemployment rate are 30-50%. The Chiquita Company is a U.S. company that owns banana plantations in Colombia, Costa Rica, Honduras and Panama where thousands of underpaid workers are loose to dangerous pesticides and unions are banned. Chiquita supplies 50% of the EUs banana imports for each one year, save wants an even bigger market share.
Chiquita grows no bananas in the US, except few years after the corporation donated $500,000 to the representative ships company the Clinton/Gore regime filed a complaint with the WTO on behalf of Chiquita. The WTO govern in party favour of the U.S. and Chiquita. The EU initially refused to accord with the WTO ruling, Chiquita hence donated $350,000 to the Republican society and the Republican-dominated Congress prepared edict to raise tariffs on goods import from the EU as penalisation for refusing to comply... If you want to get a full essay, order it on our website: Orderessay
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