"Obsolescing bargaining model" refers to __________________.
A) the shift in power that occurs between states and firms over time
B) the shifting ability of multinationals to bargain under international law
C) the constantly-shifting power dynamics between MNCs and their stakeholders
D) the continued erosion of state's abilities to bargain with firms
E) a model of state-firm relations, which argues that firms consistently hold more negotiating power than states

Question

Quizplus · Accepted Answer

The obsolescing bargaining model describes how the balance of power between states and multinational corporations shifts over time, often starting with the firm having more power due to its investment and resources, but shifting towards the state as the investment becomes established and less mobile.

"Obsolescing Bargaining Model" Refers to __________________