In 1995,the OECD initiated talks between its members with the aim of drafting a multilateral agreement on investment (MAI)that would make it illegal for signatory states to discriminate against foreign investors.These talks broke down in early 1998,primarily because _____ refused to sign the agreement.

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OECD-initiated talks for liberalizing rules governing FDI between OECD states through the multilateral agreement on investment (MAI)broke down in early 1998 primarily because the United States refused to sign the agreement.According to the United States,the proposed agreement contained too many exceptions that would weaken its powers.

In 1995,the OECD Initiated Talks Between Its Members with the Aim