FACTOID # 140: In Switzerland, the average person has to work for 102 minutes to buy a kilogram of beef - one of the longest times in the developed world. On the other hand, they only have work 14 hours to buy a refrigerator for it.
 
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Encyclopedia > Foreign Affiliate Trade Statistics

Foreign affiliate trade statistics (FATS) Statistics, also known as transnational corporation data details the operations of foreign direct investment-based enterprises, including sales, expenditures, profits, value-added, inter- and intra-firm trade, exports and imports; An economic indicator for Mode 3 of the GATS Four Modes of Supply ... See also International investment position Bilateral Investment Treaty Foreign direct investment (FDI) is the movement of capital across national frontiers in a manner that grants the investor control over the acquired asset. ... The General Agreement on Trade in Services (GATS) is a treaty of the World Trade Organization (WTO) that entered into force in January 1995 as a result of the Uruguay Round negotiations to provide for the extension of the multilateral trading system to services. ... The term Four Modes of Supply pertains to the legal structure of the General Agreement on Trade in Services GATS, one of the four legal pillars (GATT, GATS, TRIPS, TRIMS) of the legal texts which comprise the WTO trade treaty. ...


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