Word: expropriationã
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Second, the FTAA, like NAFTA, would expand the jurisdiction of trade agreements well beyond the traditional realm of tariffs: corporations can sue foreign governments for taking “measures tantamount to nationalization or expropriation?? of an investment. Such measures can include health, safety, environmental and labor protection laws. Who gets to decide which laws and regulations are “tantamount to expropriation??? Under NAFTA and under the would-be FTAA, when an investor sues a government the case is submitted not to a national court but to an international tribunal that holds private proceedings...
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